Lumibird, a French laser giant, acquired an optoelectronic packaging and compone

Recently, Lumibird, a leading European laser technology company, announced the acquisition of Innopics, headquartered in Bordeaux, France. Through this acquisition, Lumibird will be newly incorporated into a team of five people, who have complementary technical knowledge and 12 years of experience in designing and manufacturing optoelectronic systems and components.

This expansion of technical expertise will enable Lumibird Group to accelerate its vertical strategy and develop a series of new products to cater to new markets, especially the low-cost laser segment for high-capacity markets.

It is reported that this acquisition will be carried out in cash. There is a profitability part based on the future performance level, and the amount is confidential. Since August 31, 2022, the company has been included in the consolidated basis of Lumibird.

Image source: Lumibird

Founded in 2010, Innopics, headquartered in Talons, near Bordeaux, France, is a company that provides a series of optoelectronic packaging and customized component development services for industrial customers. Its core business covers design, prototype, process development, small and medium-sized production, and industrial consulting services. The company integrates a wide range of wavelength laser diode technology options to develop products for medical, space or scientific instrument applications. The financial report shows that the company's revenue last year was slightly higher than 300000 euros, with five employees, including four engineers. The two co founders, St é phane Denet and Vincent Lecocq, worked on this project of LUMIBIRD.

Lumibird, founded in 1997 and headquartered in Lannion, France, is a professional manufacturer dedicated to high-power optical amplifiers and fiber lasers. With 50 years of experience and proficiency in solid-state lasers, laser diodes and fiber laser technologies, the Group designs, manufactures and sells high-performance lasers for the scientific (laboratory and university), industrial (manufacturing, national defense, laser radar sensors) and medical (ophthalmology, ultrasonic diagnosis) markets. Lumibird was formed by the merger of Keopsys Group and Quantel Company in October 2017. In 2021, it will have more than 940 employees, and its combined revenue will exceed 162 million euros. Its business covers Europe, the Americas and Asia.

By acquiring Innopics' technology, Lumibird Group will be able to integrate advanced technology development expertise covering specific market segments. This will enable it to expand the scope of products and related services on the basis of the products and related services already provided by the Group and Innopics. Innopics will also be able to consolidate Lumibird's low-cost laser development project and national defense and space projects.

Source: OFweek