Former PerkinElmer IDS illumination and detection unit re-launched as Excelitas Technologies
Waltham, MA--The former Illumination and Detection Solutions (IDS) business of PerkinElmer, which PerkinElmer sold in August 2010, was formally re-launched as Excelitas Technologies Corporation. Now owned by private equity firm Veritas Capital, Excelitas Technologies has 3000 employees, manufacturing operations in the U.S., Canada, Europe, and Asia, and projected 2010 revenues of more than $300 million. The company will continue to support original equipment manufacturer (OEM) and aftermarket customers across a diverse range of specialty markets including medical, analytical instrumentation, clinical diagnostics, industrial, safety and security, and aerospace and defense.
"We are proud to be launching Excelitas Technologies and under the new ownership of Veritas Capital, we anticipate even stronger support for the innovation and growth initiatives that are envisioned to accelerate value creation for all of our stakeholders," said CEO David Nislick.
Excelitas Technologies offers customers deep applications expertise along with a broad portfolio of cutting-edge technology solutions including xenon-based lighting, LED-based lighting, thermal infrared (IR) detectors, low light level detectors, emitters, high-reliability power sources, energetic safety systems, and precision time standards.
Information about Excelitas Technologies will be available in the coming months through www.excelitas.com.
SOURCE: Excelitas Technologies; www.excelitas.com/pressreleases.html
Posted by:Gail Overton
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