M&A Deal Summary

Precision Optical Technologies Acquires Opticonx

On October 13, 2023, Precision Optical Technologies acquired manufacturer Opticonx

Acquisition Highlights
  • This is Precision Optical Technologies’ 1st transaction in the Manufacturing sector.
  • This is Precision Optical Technologies’ 1st transaction in the United States.
  • This is Precision Optical Technologies’ 1st transaction in Connecticut.

M&A Deal Summary

Date 2023-10-13
Target Opticonx
Sector Manufacturing
Buyer(s) Precision Optical Technologies
Deal Type Add-on Acquisition

Target

Opticonx

Putnam, Connecticut, United States
Opticonx is a manufacturer of fiber optic cabling components and systems. Opticonx is based in Putnam, Connecticut.

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Buyer(S) 1

Buyer

Precision Optical Technologies

Rochester, New York, United States

Category Company
Founded 2012
Sector Technology Hardware
DESCRIPTION

Precision Optical Technologies is a systems integration company focused on end-to-end optical networking solutions, network design services and cutting-edge product development advancements. Precision Optical Technologies was formed in 2012 and is based in Rochester, New York.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1