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Excelitas PCO GmbH - PCO.Edge 11-24 BIO LB

Excelitas Technologies Acquiring Qioptiq

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WALTHAM, Mass., Sept. 30, 2013 — Optoelectronics provider Excelitas Technologies Corp. is acquiring privately held photonics products maker Qioptiq from Arle Capital Partners, the companies announced Monday. The purchase price was not disclosed. Waltham-based Excelitas provides optoelectronic devices for markets ranging from medical lighting to analytical instrumentation, clinical diagnostics, industrial, safety and security, and aerospace and defense. It employs approximately 3000. Originally acquired by Candover Partners in 2005 but managed by London-based private equity manager Arle since 2010, Qioptiq employs...Read full article

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    Published: September 2013
    Glossary
    closing
    In morphological image processing, a series of dilations followed by the same number of erosions.
    machine vision
    Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
    optoelectronic
    Pertaining to a device that responds to optical power, emits or modifies optical radiation, or utilizes optical radiation for its internal operation. Any device that functions as an electrical-to-optical or optical-to-electrical transducer. Electro-optic often is used erroneously as a synonym.
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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