Excelitas Technologies Buys Research Electro Optics
WALTHAM, MA – Excelitas Technologies Corp. has completed the acquisition of Research Electro Optics (REO), Boulder, Colorado. REO is a privately held company specializing in the manufacture of high-precision optical components, optical thin film coatings, and optical subassemblies, as well as high-performance HeNe lasers for instrumentation and metrology applications across a wide range of market sectors.
The combination of Excelitas and REO offers an expanded range of products and capabilities for OEM customers and Defense Prime Contractors seeking single-source convenience and reliability for high-performance illumination, optical and detection solutions.
“We are thrilled to welcome REO to the Excelitas family, as their products complement Excelitas’ existing optics portfolio quite well,” said Excelitas CEO, David Nislick. “REO provides an extremely capable, high-quality optics operation in the United States that we look to grow with further investment as we have done with the former Qioptiq facilities in Europe and Asia.”
REO will continue full optical coatings and laser technologies operations from its state-of-the-art facilities in Boulder as it is integrated with the Excelitas Technologies family.
Paul Kelly, President & CEO of REO, commented on the partnership with Excelitas, “This is a very exciting time for REO and its employees, as the partnership with Excelitas will enable further investment in people, technology and capabilities. The opportunities available to REO as a result of the Excelitas global presence will contribute to accelerating growth. Finally, the culture embraced by Excelitas will allow REO employees to continue to thrive in their personal and professional lives.”
REO is the fifth and latest acquisition consummated by Excelitas Technologies since its founding in late 2010, and the first since being acquired by AEA Investors in December 2017.
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