M&A Deal Summary

Excelitas Technologies Acquires AXSUN Technologies

On December 12, 2018, Excelitas Technologies acquired electronics company AXSUN Technologies from Volcano

Acquisition Highlights
  • This is Excelitas Technologies’ 1st transaction in the Electronics sector.
  • This is Excelitas Technologies’ 2nd transaction in the United States.
  • This is Excelitas Technologies’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2018-12-12
Target AXSUN Technologies
Sector Electronics
Buyer(s) Excelitas Technologies
Sellers(s) Volcano
Deal Type Divestiture

Target

AXSUN Technologies

Billerica, Massachusetts, United States
AXSUN Technologies Inc. develops, manufactures, commercializes, and supplies photonic components and subsystems, and micro-electrical-mechanical-systems-based optical engines for optical telecommunications, industrial spectroscopy, and medical imaging applications.

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Buyer(S) 1

Buyer

Excelitas Technologies

Waltham, Massachusetts, United States
Category Company
Founded 1931
Sector Technology Hardware
Employees3,000
DESCRIPTION

Excelitas Technologies is a global provider of photonics technology solutions. The Company’s components, modules and sub-systems enable its customers to develop unique, technology-driven products that serve a broad range of growing end markets. Excelitas’ core capabilities include expertise in detection, optics, illumination and advanced electronics. The Company primarily targets high-growth applications within the life sciences, industrial, semiconductor, consumer and defense and aerospace markets. Excelitas Technologies was founded in 1931 and is based in Waltham, Massachusetts.

DEAL STATS #
Overall 4 of 7
Sector (Electronics) 1 of 2
Type (Divestiture) 1 of 3
State (Massachusetts) 1 of 1
Country (United States) 2 of 3
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-12 Lumen Dynamics Group

Mississauga, Ontario, Canada

Lumen Dynamics Group develops and retails high-intensity ultraviolet illumination and curing products. Its devices are required by a variety of end users in fields like life science, medical device manufacturing, electronics manufacturing, and digital printing.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-28 Silicon Power - SolidTRON Product Line

Malvern, Pennsylvania, United States

Silicon Power Corp.'s SolidTRON Product Line is a manufacturer of solid-state discrete firing switches and pulsed power products.

Buy -

Seller(S) 1

SELLER

Volcano

San Diego, California, United States
Category Company
Founded 2000
Sector Medical Products
Employees1,800
Revenue 381M USD (2012)
DESCRIPTION

Volcano Corp. is a provider of imaging and measurements for minimally invasive diagnostics and treatment of coronary artery disease and peripheral vascular disease.

DEAL STATS #
Overall 1 of 1
Sector (Electronics) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-27 AtheroMed

Menlo Park, California, United States

AtheroMed, Inc. is a medical device company.

Buy $115M
Mergr

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