08 Oct Consolidation in the French IR image sensor market
Lynred, a French provider of high-quality infrared sensors announced its acquisition of New Imaging Technologies (NIT), a Paris-based provider of shortwave infrared (SWIR) imaging modules and sensors. According to the information, the deal includes New Imaging Technologies’ SWIR imaging sensors and modules and a portfolio of wide dynamic range patents. Lynred says that it will now be able to offer large format SWIR sensors with advanced capabilities for applications in markets where AI, deep learning and multispectral imaging are driving growth. NIT claims that he is the only European firm to manufacture and market a SWIR HD1080p array and associated module at a pixel size of 8µm – a key asset for several applications that Lynred will now leverage. “Lynred’s acquisition of NIT is a growth accelerator”, says Hervé Bouaziz, executive president at Lynred. “We will shorten time to market and leverage synergies in offering state-of-the-art SWIR products. The global market for SWIR infrared imaging for machine vision is growing fast. NIT brings to Lynred the agility of a small, innovative organization, with an extensive product offering able to cater to our large customer base.” The transaction is expected to close in Q4, 2024 and is subject to customary conditions.
Source: www.lynred.com
Image: new-imaging-technologies.com
