Announced
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Synopsis
Union Park-backed Exaktera completed the acquisition of Advanced Illumination, a designer and manufacturer of specialty LED lighting assemblies. Financial terms were not disclosed. "We are very excited to have Advanced Illumination join the Exaktera family. The company's product portfolio in specialty LED solutions and expertise in machine vision is highly complementary to Exaktera's existing capabilities. Their technical leadership and deep application knowledge strengthens our overall capabilities and will allow us to best serve our customers," Phil Martin, Exaktera CEO.
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