Lumibird to Acquire Nanosecond Laser Line from Amplitude
PESSAC, France, Oct. 22, 2024 — Lumibird has entered into a definitive agreement with Amplitude Laser Group to acquire its nanosecond laser product line, under the “Continuum” brand, along with its associated service business. The sale, Amplitude said, aligns with its strategy to concentrate on its core strengths in femtosecond and high-energy advanced laser solutions.
Damien Buet, chairman and CEO of Amplitude Laser Group, said that their subsidiary, Amplitude Laser Inc., will now be entirely dedicated to the key growth initiatives of the parent company. Lumibird’s acquisition, he said, will accelerate the development of the Continuum range and provide customers with enhanced solid-state nanosecond laser offerings.
“The acquisition of the Continuum brand, which is highly recognized by universities, will enable Lumibird to strengthen its product range and increase its share of the nanosecond solid-state laser market,” said Marc Le Flohic, chairman and CEO of Lumibird.
“This operation is not only profitable, it is also in line with the group’s strategy of strengthening our position in a recurring market and accelerating the optimization of the group’s industrial tools.”
The sale is expected to be completed in the next few weeks. Lumibird acquired Convergent Photonics (from Prima Industrie) last year. Amplitude, in December 2022, acquired ultrafast pulse shaping, characterization, and optical parametric amplifier technology developer Fastlite.
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