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IDEX Health & Science Announces Acquisition of Finger Lakes Instrumentation
IDEX Health & Science, LLC (IH&S) announce the acquisition of Finger Lakes Instrumentation, LLC (FLI).
Finger Lakes Instrumentation is a technology leader in the design, development and production of low-noise cooled CCD and high-speed, high-sensitivity cooled Scientific CMOS cameras for the astronomy and life science markets. 18 year-old FLI has three facilities located in New York State with 31 employees. It will continue to operate under current management as a business unit of IDEX Health & Science, LLC.
Commenting on the acquisition, IDEX Corporation Group President, Gus Salem, stated “the Finger Lakes Instrumentation acquisition fills an important strategic gap and is a fantastic complement to our life science optofluidic portfolio.” Salem continued,”Over the last several years, IH&S has brought together strong technology companies in fluidics, microfluidics, as well as optical illumination and detection to better serve the fast-growing needs of life science instrument developers. We are very happy to welcome the Finger Lakes Instrumentation team to IDEX.” Gregory Terrance, FLI General Manager commented, “Everyone at FLI is excited to become part of the IDEX team. We look forward to growing the business and capitalizing on the synergies of FLI and the group of companies under the IDEX umbrella.”
FLI is the third acquisition by IDEX Health & Science, LLC since July 2015 including Cidra Precision Services, Wallingford, CT and thinXXS Microsystems GmbH, Zweibruken, Germany.
Financial terms of the deal were not disclosed.