M&A Deal Summary

Ocutrx Acquires Spectrum Advanced Manufacturing Technologies

On April 12, 2023, Ocutrx acquired medical products company Spectrum Advanced Manufacturing Technologies

Acquisition Highlights
  • This is Ocutrx’s 1st transaction in the Medical Products sector.
  • This is Ocutrx’s 1st transaction in the United States.
  • This is Ocutrx’s 1st transaction in Colorado.

M&A Deal Summary

Date 2023-04-12
Target Spectrum Advanced Manufacturing Technologies
Sector Medical Products
Buyer(s) Ocutrx
Deal Type Add-on Acquisition

Target

Spectrum Advanced Manufacturing Technologies

Colorado Springs, Colorado, United States
Spectrum Advanced Manufacturing Technologies is a multi-process line circuit card manufacturing and assembly facility that manufactures medical devices in compliance with FDA regulations and provide quick-turn product development and manufacturing services to commercial and government entities. It serves a robust client base in Hi-Rel industries such as medical devices, industrial controls, defense, and space flight hardware. Spectrum was formed in 1997 and is based in Las Vegas, Nevada.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Ocutrx

Laguna Beach, California, United States

Category Company
Sector Medical Products
DESCRIPTION

Ocutrx is a medical manufacturing company focusing on 3D visualization innovations, including Augmented Reality/Extended Reality (AR/XR) headsets, robotics, and minimally invasive surgical tools. It pioneered the OcuLenzTM and ORLenz AR headsets which are the lightest weight headsets with the largest field-of-vision in the market. And, it introduced the all-digital OR-Bot® 3D Surgery Visualization System for Healthcare Operating Rooms. The company has 8 patents on its unique AR/XR Optical Engine and 16 patents covering its multiple Medical and OR products. At a time when new visualization techniques are beginning to advance into medical and surgical practices globally, Ocutrx is based in Laguna Beach, California.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1