Announced
Completed
Financials
Sources
Tags
Friendly
Majority
Private
Acquisition
Cross Border
Electronic Components and Equipment
Completed
Single Bidder
United States
light measurement
Synopsis
Halma, a group of technology companies, completed the acquisition of International Light Technologies, a developer of technical lighting sources and light measurement systems. Financial terms were not disclosed. “ILT’s focus on the generation and measurement of light is highly aligned with Ocean Insight’s mission to use the measurement of light to expand scientific discovery, reduce waste and improve the quality of life. ILT’s products and services will bring complementary capabilities and technologies to Ocean Insight, allowing it to serve a greater range of customer needs," Andrew Williams, Halma Group Chief Executive.
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