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Laser Photonics Corporation completes acquisition of Control Micro Systems, Inc. to expand into pharmaceutical laser equipment market

PUBLIC · LASENov 08, 2024

Acquiring Company

LASE Corp.

Acquired Company

Control Micro Systems

OrlandoManufacturingManufacturingBiotechnologyPharmaceutical

Description

Laser Photonics Corporation recently finalized an Asset Purchase Agreement (APA) with Control Micro Systems, Inc. (CMS), acquiring CMS’s assets, including its intellectual property, for a total Purchase Price of $1,050,000. This strategic move enables Laser Photonics to expand into the pharmaceutical laser equipment market by incorporating CMS’s expertise and existing program orders, positioning the company for sustained growth and market leadership.

Quick answer

LASE Corp. is acquiring Control Micro Systems, announced November 8, 2024. LASE Corp. is based in Orlando, Florida, United States.

How much did LASE Corp. pay for Control Micro Systems?
The deal value was not disclosed.
What does LASE Corp. do?
Laser Photonics Corporation, now known as LASE Holdings, is a leading industrial technology company specializing in advanced laser systems.
Where are LASE Corp. and Control Micro Systems based?
LASE Corp. is based in Orlando, Florida, United States.
Who are the decision-makers at LASE Corp?
Fundz holds 3 contacts at LASE Corp. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

LASE Corp.

Location

Orlando, Florida, United States

About

Laser Photonics Corporation, now known as LASE Holdings, is a leading industrial technology company specializing in advanced laser systems. After undergoing significant restructuring, the company has expanded its reach into new market segments and is focused on developing cutting-edge laser solutions for pharmaceuticals, semiconductors, wafer processing, and industrial applications.

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Frequently asked

Who acquired Control Micro Systems?

Control Micro Systems was acquired by LASE Corp., based in Orlando. The deal was reported on November 8, 2024. Laser Photonics Corporation, now known as LASE Holdings, is a leading industrial technology company specializing in advanced laser systems. LASE Corp. is publicly traded (LASE) and operates in Manufacturing.

When did LASE Corp. acquire Control Micro Systems?

LASE Corp.'s acquisition of Control Micro Systems was reported on November 8, 2024. Laser Photonics Corporation recently finalized an Asset Purchase Agreement (APA) with Control Micro Systems, Inc. (CMS), acquiring CMS’s assets, including its intellectual property, for a total Purchase Price of $1,050,000. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Control Micro Systems do?

Control Micro Systems, Inc. (CMS) is a company specializing in delivering precision laser solutions to the pharmaceutical industry, particularly for controlled-release tablet production and packaging compliance. It is privately held, operating in Manufacturing.

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