Advanced Illumination, a US manufacturer of LED lighting assemblies and drivers for machine vision, has been acquired by Exaktera, a company that also owns lighting firms Z-Laser and Prophotonix.
Exaktera is a holding company formed by the private equity firm Union Park Capital. Exaktera states it is creating a family of companies focused on critical components that define the precision performance for OEMs.
Prophotonix was bought by Exaktera at the end of 2021 for a reported $11.6 million.
Advanced Illumination’s LED components, current mode drivers and strobe sources, combined with optical and thermal design techniques, enable factory automation and machine vision across a wide variety of industrial applications. The company was established in 1993.
Phil Martin, CEO of Exaktera, said: ‘The company’s product portfolio in specialty LED solutions and expertise in machine vision is highly complementary to Exaktera’s existing capabilities. Their technical leadership and deep application knowledge strengthen our overall capabilities and will allow us to best serve our customers.’
John Thrailkill will continue as president of Advanced Illumination. ‘The transaction is a tremendous opportunity for Advanced Illumination and its employees to grow to the next level leveraging global resources under the Exaktera umbrella,’ he said. ‘The synergies of products, technical resources, and global sales will significantly enhance the value we can provide our customers and ensure we continue to solve the most demanding machine vision illumination challenges.’
