Tuesday, December 23, 2008

PRESS RELEASE: Ocean Optics Acquires Oerlikon Optics USA Operation

Ocean Optics Acquires Oerlikon Optics USA OperationAgreement is reached on the thin film supplier’s North American operation in Golden, Colorado Dunedin, Florida (December 1, 2008) – Optical sensing pioneer Ocean Optics, Inc. has acquired the Oerlikon Optics business unit in Golden, Colo. Under terms of the agreement, Oerlikon will be fully integrated into Ocean Optics’ Thin Films Division.

Oerlikon Optics USA is a supplier of custom optical components and subassemblies. Its Golden, Colo., operation, including plant assets and customer and supplier relationships, will be transferred to Ocean Optics and become part of the latter’s Thin Films Division.
“Oerlikon has a rich tradition of excellence in both design and manufacturing arts in the optics and thin films industry,“ said Phi Buchsbaum, Vice President of the Thin Films Division of Ocean Optics. “The additional expertise and manufacturing capacity the acquisition provides are the perfect complement to Ocean Optics’ unique optical thin films processes. Our combined resources will result in a new generation of quality, innovative optical and thin film products benefiting an array of industries.”

Ocean Optics (www.OceanOptics.com) is creator of the world’s first miniature fiber optic spectrometer and a leading supplier of solutions for optical sensing – fundamental methods of measuring and interpreting the interaction of light with matter. With locations in North America, Europe and Asia, the company has sold more than 120,000 spectrometers worldwide since 1992. Ocean Optics’ extensive line of complementary technologies includes chemical sensors, analytical instrumentation, optical fibers, thin films and optics. The company is a subsidiary of Halma p.l.c., an international market leader in safety, health and sensor technology.
The Ocean Optics Thin Films Division designs and manufactures patented dichroic filters for entertainment, architectural and display products, as well as precision optics and coatings for scientific applications, defense and metrology. The division has nearly 70 employees, including 10 scientists and engineers. Located in a recently expanded 30,000-square-foot facility in Largo, Florida, the group utilizes advanced lithography equipment and vacuum deposition systems to provide optimal patterned solutions for both established and prototype optical systems. The management team is expert in lithography and optical coating, with extensive experience in avionics, fire control, and spectral sensing projects.

More information is available at www.oceanoptics.com, by calling the Thin Films Division of Ocean Optics at +1 727.545.0741 or by e-mailing OTFinfo@oceanoptics.com.

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