IDEX Corporation acquired Iridian Spectral Technologies for $109.8 million (cash), a transaction completed in May 2023, structured as all cash (stock acquisition).
Iridian Spectral Technologies operates in Health & Science Technologies (Scientific Fluidics & Optics), is based in Ottawa, Canada. Global leader in designing and manufacturing thin-film, multi-layer optical filters serving the laser communications, telecommunications and life sciences markets. Headquartered in Ottawa, Canada.
Expands IDEX's array of optical technology offerings.
Scientific Fluidics & Optics reporting unit within the HST segment
On May 19, 2023, the Company acquired Iridian Spectral Technologies in a stock acquisition. Iridian is a global leader in designing and manufacturing thin-film, multi-layer optical filters serving the laser communications, telecommunications and life sciences markets and expands the Company's array of optical technology offerings.
Advisory firms were not disclosed for this transaction.