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Ocean Insight Acquires ILT, Adds Light Measurement Capabilities

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Ocean Insight has acquired International Light Technologies (ILT), a producer of light measurement and detection systems and customized light source solutions. ILT’s offerings are used in biomedical, environmental, agricultural, food and beverage, and industrial applications.

Halma plc made the purchase for ~$26.6 million. Ocean Insight, which was acquired by Halma in 2004, comprises Halma’s environmental and analysis sector.

Based in Peabody, Mass., ILT's portfolio of light sources and light measurement systems expands Ocean Insight’s presence in light measurement and detection systems, and enhances its ability to apply spectral knowledge to solve measurement challenges across different markets, industries, and sectors.

In a statement, Ocean Insight President Michael Edwards said that the combination will serve to amplify optical sensing product innovations.
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Published: February 2022
Glossary
metrology
Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...
mergers & acquisitionsBusinessOcean InsightILTAmericaslight measurementlight measurement instrumentationlight measurement metrologyTest & MeasurementmetrologyinspectionenvironmentalBiophotonicsSensors & Detectorssensorsoptical sensingindustrialIndustry NewsBioScan

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