WALTHAM, MA – Excelitas Technologies Corp. recently announced it has completed the acquisition of PCO AG, based in Kelheim, Germany. PCO is a leading manufacturer and innovator in digital imaging for a wide range of scientific and industrial applications.

“Excelitas is proud to add PCO to our expanding portfolio of sensing, illumination, and optical technologies. Globally recognized for its broad variety of superior camera systems that define the leading edge of imaging technology, PCO now provides our OEM customers with a deeper range of end-to-end photonic solutions in the life science and high-performance industrial markets,” said Michael Ersoni, Excelitas Executive Vice President, Commercial SBU.

“Over the past few decades, PCO has repeatedly set benchmarks in scientific camera development,” said Luitpold Kaspar, COO of PCO AG. “We take extreme pride in being the leading technological pioneer in the field of scientific CMOS cameras. We see this acquisition as an excellent opportunity to present our products more broadly through the extensive global reach of Excelitas Technologies. We look forward to a common path of growth with our new ownership and will continue to pioneer new benchmarks in camera technology.”

Excelitas acquired 100% of PCO AG shares from founder Dr. Emil Ott. PCO will continue to operate from its manufacturing facilities in Kelheim, Germany, expanding both Excelitas’ technological scope, as well as geographic footprint in Europe, North America and Asia.

“We are convinced that in Excelitas, we have found a strong partner who – especially in the OEM business – complements our experience from over 30 years in high-tech camera development. We look forward to a successful cooperation that will manifest and strengthen our position in Kelheim and the world over,” said Alexander Gruenig, CTO of PCO AG.

The acquisition of PCO AG is the latest in a series of strategic acquisitions by Excelitas Technologies since its founding in 2010. It is the fourth such acquisition since AEA Investors acquired Excelitas in December 2017.

For more information, visit www.excelitas.com and www.PCO.de.