Excelitas Technologies’ Acquisition of Axsun Technologies


NGE Represents Anzu Partners in the sale

Excelitas Technologies® Corp., a global technology leader focused on delivering innovative, customized photonic solutions, has completed the acquisition of Axsun Technologies (Billerica, MA USA). Axsun specializes in the development and production of MEMS-based optical engines for medical imaging, industrial spectroscopy, and telecommunications applications.

The addition of Axsun to the Excelitas Technologies portfolio expands the range of high-performance products for Life Science and Industrial OEM customers seeking single-source convenience and reliability to meet their advanced photonics systems requirements.

Axsun will continue operating from its state-of-the-art facilities in Billerica, MA as it is integrated into the Excelitas Technologies organization.

Terms of the transaction are not being disclosed. Axsun is the sixth and latest acquisition consummated by Excelitas Technologies since its foundation in 2010 and the second acquisition since Excelitas was purchased by AEA Investors (New York, NY USA) in December 2017.

The NGE team consisted of Scott Bakal (Picture), Patty Cain and Eric McLimore.

Involved fees earner: Scott Bakal – Neal Gerber Eisenberg ; Patricia Cain – Neal Gerber Eisenberg ; Eric McLimore – Neal Gerber Eisenberg ;

Law Firms: Neal Gerber Eisenberg ;

Clients: Anzu Partners;

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Author: Ambrogio Visconti