Excelitas Technologies Corp., a specialist in innovative, customized photonic solutions across a wide range of market sectors, has completed the purchase of the SolidTRON product line from Silicon Power Corp. (Malvern, PA, USA). SolidTRON will operate as a separate product line within Excelitas’ Advanced Electronic Systems (AES) business unit. After the acquisition, the SolidTRON team will continue operating from its current 18,800 square-foot facility in Malvern, PA.
Terms of the transaction are not being disclosed. SolidTRON is the seventh and latest acquisition consummated by Excelitas Technologies since its foundation in 2010 and the third acquisition since Excelitas was purchased by AEA Investors (New York, NY, USA) in December 2017.