Tuesday, 06/29/2021 | Excelitas Technologies announces agreement to acquire PCO AG
Waltham, USA; Kelheim, GERMANY; June 29, 2021
Excelitas expands its photonics portfolio with PCO’s scientific CMOS camera technologies for high-performance imaging in scientific research, industrial quality control, and metrology.
“We are delighted to have PCO join the Excelitas organization,” said Michael Ersoni, Excelitas Executive Vice President, Commercial SBU. “PCO is a pioneer and foundational developer of the scientific CMOS camera technology. Combining their superior imaging products and capabilities into Excelitas’s expanding portfolio of sensing, illumination, and optical products will enable us to leverage our product breadth and application knowledge to provide deeper end-to-end customer solutions across the life science and industrial markets.” Dr. Emil Ott, founder of PCO, added: “We are very excited to join the Excelitas family, whose infrastructure and global presence will expand the reach and capabilities of our own high-performance cameras to grow in this expanding global market.”
“In the last few decades, PCO has repeatedly set benchmarks in scientific camera development,” said Luitpold Kaspar, COO of PCO AG. “A major milestone in our company's history is being the pioneer in the field of scientific CMOS cameras. We see the acquisition as an efficient opportunity to present our products more globally through the excellent business of Excelitas Technologies. We will continue to be your contact and look forward to the common path that we will take with our new owner.”
“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 developments. We are looking forward to the successful cooperation,” said Alexander Gruenig (CTO, PCO AG).
More information to follow upon official transaction completion.
PCO was founded in 1987 by imaging pioneer Dr. Emil Ott with the introduction of their first image-intensified cameras based upon proprietary advanced core technologies which greatly surpassed the performance standards of the day. Today, PCO provides a wide range of scientific CMOS, CCD and high-speed cameras for use in life science, physical science, automotive testing, and industrial applications. With their headquarters in Kelheim Germany, PCO is very well positioned to grow in high-end markets with cutting-edge technology based on more than 100 highly qualified employees. PCO is also maintaining facilities in Singapore, China, Canada and the United States.
Visit www.pco.de for more information.
About Excelitas Technologies
Excelitas Technologies Corp. is a leading Industrial Technology firm focused on delivering innovative, high-performance, market-driven Photonics solutions to meet the lighting, optronics, detection and optical technology needs of our OEM customers. Serving a vast array of applications across biomedical, scientific, safety, security, consumer products, semiconductor, industrial manufacturing, defense and aerospace sectors, Excelitas stands committed to enabling our customers’ success in their end-markets. Our team consists of 7,000 professionals working across North America, Europe and Asia, to serve customers worldwide.
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