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Luna Innovations Acquires Micron Optics to Broaden Optic Technology Capabilities.

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Vincent

MANews-(C)2009-2018

18 October 2018 - Virginia, US-based fiber optic technology provider Luna Innovations Inc. (NASDAQ: LUNA) has acquired Georgia, US-based Micron Optics, Inc., a provider of innovative optical components and laser-based measurement technology, the company said.

Terms of the transaction were not disclosed.

The combined product portfolio has the potential to provide customers with better capabilities and broader offerings, as Micron Optics brings products with higher speeds and longer measurement range.

The acquisition also positions Luna to better penetrate its existing markets of aerospace and automotive, through access to an expanded product portfolio and broader customer base, including more direct access to customers in Asia through Micron Optics' overseas sales channels.

Micron Optics, Inc. optical sensing and tunable filter products make impossible measurements possible, revealing new, critical information for infrastructure, energy, transportation, medical and...

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