July 21, 2011 — Halma plc, safety, health, and sensor technology group, acquired Avo Photonics Inc., opto-electronic design, packaging, and manufacturing specialist. Avo will join Halma’s global Photonics Division, retaining autonomy in business models and executives.
Avo Photonics provides custom opto-electronics component and assembly design and contract manufacturing for military, medical, communication, and commercial applications. The acquisition provides Avo access to capital, markets, and personnel to drive domestic and international expansion.
Halma purchases companies in familiar markets or closely allied sectors with demonstrated profitability and growth. Halma encourages its companies to retain existing business models, personnel, and continued autonomy between sister companies. Avo will continue to operate as an independent service provider for custom design and contract manufacturing and its management team and existing staff will remain with the company.
Avo joins Fiberguide (www.fiberguide.com), Labsphere (www.labsphere.com), Ocean Optics (www.oceanoptics.com), and Ocean Thin Films (www.oceanthinfilms.com) in the photonics sector of the health and analysis business group.
Photonic devices are a growing part of medical, applied science, and industrial operations, said Rob Randelman, chief executive of Halma’s Photonics Division, “As the need for photonic solutions in medical, applied science and industry becomes more integrated and smaller in size, Avo Photonics is poised to lead the way in the exciting growth of this market and, along with their colleagues in the Halma Photonics Division, they can better meet their customers’ challenges.”
Avo Photonics is a pure service model company offering fundamental optical physics analysis through mechanical, electrical, thermal, and materials design for packaging/manufacturing, prototypes, and high volume production. Website: www.avophotonics.com.