Excelitas Acquires Phoseon Technology
WALTHAM, Mass., Feb. 16, 2023 — Excelitas Technologies has acquired Phoseon Technology, a designer and manufacturer of LED-based industrial curing and scientific illumination solutions. Phoseon joins Excelitas’ commercial business unit and will continue to operate from its headquarters in Hillsboro, Ore., extending Excelitas’ footprint into the Pacific Northwest.
The acquisition of Phoseon is the fifth acquisition Excelitas has made since Excelitas itself was acquired by AEA Investors in December 2017. Excelitas most recently acquired PCO AG, a manufacturer in digital imaging for scientific and industrial applications, in September 2021.
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