Acquisitions expand measurement and analysis

Edited by the Engineeringtalk editorial team May 14, 2007

LumaSense Technologies has expanded with the closing of two further acquisitions.

LumaSense Technologies has closed the acquisition of Mikron Infrared, a leader in the field of infra-red noncontact temperature measurement and thermal imaging since 1969.

The company has also completed its acquisition of Andros, a privately held company based in Richmond, California, focused on gas analysis for the medical and clean technology sectors.

On the Mikron acquisition, Vivek Joshi, CEO of LumaSense Technologies said: "We are excited to have closed the acquisition successfully".

"This acquisition significantly expands LumaSense's solutions portfolio as we grow our business in the clean technology, energy and medical markets".

"The addition of Mikron further enables LumaSense to address an industry that is demanding better quality solutions, comprehensive global service and support and the highest levels of price for performance".

Mikron represents the fourth acquisition LumaSense has made since 2005.

LumaSense's strategy is to acquire leading companies with innovative technology and products and gain significant opportunities for synergies in research and development, manufacturing, and marketing and sales to realise scale and global reach for its customers.

The company provides solutions and services in fibre optic and noncontact temperature measurement, thermal imaging, infra-red temperature calibration services, gas analysis and emissions monitoring to thousands of customers around the world.

"Mikron's acquisition by LumaSense provides a unique opportunity to be part of a broader- based sensor technology focused organisation", said Gerry Posner, President and CEO of Mikron.

"The similarities of our distribution channels, coupled with the complementary nature of our product portfolios will be a great asset as we grow our business".

On the Andros acquisition, Joshi added: "Andros is an excellent complement to our existing portfolio as we continue to strengthen our business and add value to the marketplace with innovative sensor instrumentation, technology and products".

"They have been a pioneer in setting the standards of care for anesthesia gas monitoring, and their innovative platform for the clean technology sector provides the industry with cost effective quality solutions that result in a cleaner, healthier environment".

Andros' solutions are used across many different applications and sectors including the hospital operating room where real-time monitoring of gases inspired and expired by the anaesthetised patient is vital to ensuring patient safety; during emissions monitoring where vehicle and other exhaust emissions have been a major contributor to the world's air pollution problems; and across the food storage industry, which faces the constant threat of spoilage due to undetected loss of refrigerant gas.

Andros' gas analysis solutions enable the industry to address these challenges with proven technology, products and support.