Private Equity Firm Artemis Capital Partners Acquires Omega Optical
Boston-based private equity firm Artemis Capital Partners has acquired Omega Optical, developers of custom precision thin-film filters and optical coatings. Omega becomes the first company of Artemis’ Optical Technology platform.
The existing Omega management team, led by CEO Thomas Smith and Technical Director Robert Johnson, are retaining significant ownership interest in the company — now known as Omega Optical LLC. That team will continue to lead Omega’s business, and the company will continue to operate independently from its headquarters in Brattleboro, Vt.
Artemis has recruited photonics industry executive John Ippolito to join its board to assist with corporate development activities, including future acquisitions.
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Published: September 2020
Glossary
- thin film
- A thin layer of a substance deposited on an insulating base in a vacuum by a microelectronic process. Thin films are most commonly used for antireflection, achromatic beamsplitters, color filters, narrow passband filters, semitransparent mirrors, heat control filters, high reflectivity mirrors, polarizers and reflection filters.
- optical coatings
- Optical coatings are thin layers of materials applied to optical components, such as lenses, mirrors, filters, and prisms, to modify their reflective and transmissive properties. These coatings are designed to enhance the performance of optical systems by controlling the way light interacts with the surfaces of the components.
The primary purposes of optical coatings include:
Antireflection coating: This type of coating is designed to reduce reflections from the surfaces of optical...
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