IDEX completes purchase of Precision Photonics

April 12, 2012
Lake Forest, IL--IDEX has completed the acquisition of Precision Photonics for $20 million. PPC specializes in optical components and coatings for applications in scientific research, aerospace, telecommunications, and electronics manufacturing.

Lake Forest, IL--IDEX (NYSE:IEX) has completed the acquisition of Precision Photonics (PPC; Boulder, CO) for $20 million. PPC specializes in optical components and coatings for applications in scientific research, aerospace, telecommunications, and electronics manufacturing. PPC was founded in 2000, by scientists-turned-engineers from NIST and JILA.

IDEX is an applied solutions company specializing in fluid and metering technologies, health and science technologies, dispensing equipment, and fire, safety and other diversified products. PPC will operate in IDEX’s Optics and Photonics platform, within the Health and Science Technologies segment, where it joins previous photonics acquisitions CVI Melles Griot (Albuquerque, NM), Advanced Thin Films (ATFilms; Boulder CO), and Semrock, (Rochester, NY).





About the Author

Conard Holton | Editor at Large

Conard Holton has 25 years of science and technology editing and writing experience. He was formerly a staff member and consultant for government agencies such as the New York State Energy Research and Development Authority and the International Atomic Energy Agency, and engineering companies such as Bechtel. He joined Laser Focus World in 1997 as senior editor, becoming editor in chief of WDM Solutions, which he founded in 1999. In 2003 he joined Vision Systems Design as editor in chief, while continuing as contributing editor at Laser Focus World. Conard became editor in chief of Laser Focus World in August 2011, a role in which he served through August 2018. He then served as Editor at Large for Laser Focus World and Co-Chair of the Lasers & Photonics Marketplace Seminar from August 2018 through January 2022. He received his B.A. from the University of Pennsylvania, with additional studies at the Colorado School of Mines and Medill School of Journalism at Northwestern University.

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