IDEX Corporation acquires Iridian Spectral Technologies
Snapshot
IDEX Corporation acquired Iridian Spectral Technologies for $109.8 million (cash) in May 2023. The transaction was structured as all cash (stock acquisition). Iridian Spectral Technologies is a Ottawa, Canada-based Health & Science Technologies (Scientific Fluidics & Optics) business.
- Acquirer
- IDEX Corporation
- Target
- Iridian Spectral Technologies
- Value
- $109.8 million (cash)
- Date
- May 2023
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
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.
Scientific Fluidics & Optics reporting unit within the HST segment
No advisory firms have been disclosed for this transaction.