Excelitas Technologies Acquires Phoseon Technology
Excelitas Technologies completed the acquisition of Phoseon Technology. Phoseon is an established manufacturer of world-class LED-based industrial curing solutions.
“Phoseon’s compelling standard product portfolio promises tremendous growth when combined with our expansive global channel sales network. We are enthused with the prospect of offering the markets our extensive reach and broader range of UV LED solutions,” sais Paul Brierley, Vice President Lighting at Excelitas Technologies.
Phoseon joins Excelitas’ commercial business unit and will continue to operate from its state-of-the-art headquarters in Hillsboro, OR, extending Excelitas’ geographic footprint into the Pacific Northwest.
Stron partnner for UV-curing
“Phoseon’s market strength in UV curing for the printing, coatings and finishing sectors is a perfect fit with Excelitas’ proven leadership in UV curing for the medical device and electronics manufacturing space. Together, we offer comprehensive sales and support for curing solutions across the broadest possible range of applications,” said Bill Cortelyou, President and CEO of Phoseon Technology. “
The acquisition of Phoseon is the latest in a series of strategic acquisitions by Excelitas Technologies since its founding in 2010. It is the fifth such acquisition since Excelitas was acquired by AEA Investors in December 2017.
Further information: www.excelitas.com