Xconomy Boston

Volcano Corporation Acquires Axsun Technologies, Inc. for $21,500,000

  • Feed Type
  • Date
    12/24/2008
  • Company Name
    Axsun Technologies, Inc.
  • Mailing Address
    1 Fortune Drive Billerica, MA 01821
  • Company Description
    With an experienced, multi-disciplined team of engineering, manufacturing, and marketing professionals, Axsun Technologies, founded in 1999, is developing a bold new approach to the design and manufacture of miniaturized optical micro-instruments for a variety of industries.

    The Axsun™ Packaging Platform combines proprietary Micro-Optics lens technology, and patented micro-alignment structures with a highly scalable, automated assembly process to create the foundation of a new class of miniature optoelectronic products.

  • Website
    http://www.axsun.com
  • Transaction Type
    M&A
  • Transaction Amount
    $21,500,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The transaction will be paid for with all cash.

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