Excelitas Completes PCO Acquisition
The acquisition expands Excelitas’ technological scope and its geographic footprint in Europe, North America, and Asia.
Excelitas Technologies Corp. recently announced that it has completed its acquisition of PCO AG, a leading manufacturer and innovator in digital imaging for a wide range of scientific and industrial applications. Excelitas acquired 100% of PCO shares from founder Emil Ott, Ph.D. PCO will continue to operate from its state-of-the-art manufacturing facilities in Kelheim, Germany, expanding both Excelitas’ technological scope and its geographic footprint in Europe, North America, and Asia.
“Excelitas is proud to add PCO to our expanding portfolio of sensing, illumination, and optical technologies,” said Michael Ersoni, Excelitas executive vice president, Commercial SBU. “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.”
“Over the past few decades, PCO has repeatedly set benchmarks in scientific camera development,” said Luitpold Kaspar, chief operating officer of PCO. “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.”
The PCO acquisition is the latest in a series of strategic acquisitions by Excelitas Technologies since its founding in 2010. It is the fourth such acquisition since Excelitas was acquired by AEA Investors in December 2017.
For more information, visit www.excelitas.com and www.pco.de.
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