M&A Deal Summary

Ocean Insight Acquires International Light Technologies

On February 21, 2022, Ocean Insight acquired test/measurement equipment company International Light Technologies

Acquisition Highlights
  • This is Ocean Insight’s 1st transaction in the Test/Measurement Equipment sector.
  • This is Ocean Insight’s 1st transaction in the United States.
  • This is Ocean Insight’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2022-02-21
Target International Light Technologies
Sector Test/Measurement Equipment
Buyer(s) Ocean Insight
Deal Type Add-on Acquisition

Target

International Light Technologies

Peabody, Massachusetts, United States
International Light Technologies is a producer of light measurement and detection systems, and specialty customized light source solutions that are used in biomedical, environmental, agricultural, food and beverage, and industrial applications. The company also offers supporting accessories including, detectors, filters, input optics, integrating spheres, and calibrations. It engineers products to withstand the many harsh applications required from underwater applications to direct exposure to high levels of UV, to last years of use. International Light Technologies was formed in 1965 and is based in Peabody, Massachusetts.

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Buyer(S) 1

Buyer

Ocean Insight

Orlando, Florida, United States
Category Company
Sector Business Services
DESCRIPTION

Ocean Insight creates precise yet practical optical solutions that enable researchers and industry to solve meaningful problems in health, safety, and the environment. It has discovered, refined, and delivered new approaches to solving problems with spectroscopy and imaging technologies. Backed by deep experience, the company is working within applications including biomedical, environmental, food & agriculture, industrial, research & science, and safety & security. Ocean Insight is based in Orlando, Florida.

DEAL STATS #
Overall 1 of 2
Sector (Test/Measurement Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Massachusetts) 1 of 2
Country (United States) 1 of 2
Year (2022) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-21 Rigaku Analytical Devices

Wilmington, Massachusetts, United States

Rigaku Analytical Devices is a provider of handheld 1064 nm Raman-based technology for materials analysis. Rigaku Analytical Devices was founded in 2011 and is based in Wilmington, Massachusetts.

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