Silver Investment Partners-backed Crystal Laser Systems completed the acquisition of Canlas Laser Processing.

Silver Investment Partners-backed Crystal Laser Systems, a provider of continuous wave Deep UV lasers for various high-tech industries, completed the acquisition of Canlas Laser Processing, a supplier for Deep UV lasers, which are mainly used in the semiconductor industry, biotechnology, and analytics. Financial terms were not disclosed. "The acquisition of Canlas will take our new product development in the field of pulsed systems a big step forward. The highly experienced experts at Canlas are now joining forces with our R&D team. This will enable us to bring promising innovations more quickly to the market and make them available to our customers," Helmut Spanner, CryLaS CEO.