Laser Photonics Corporation (“LPC” or the “Company”) (NASDAQ: LASE), a global leader in industrial laser systems for cleaning and material processing applications, announces the closing of its acquisition of Control Micro Systems, Inc. (CMS). This transformative acquisition strengthens LPC’s footprint in the global laser market and directly opens the door to the high-demand pharmaceutical equipment sector known for its growth and stability. LPC acquired CMS’ assets through an asset purchase agreement for approximately $1 million, primarily funded by cash from a recent capital raise and stock.
Read the full article: Laser Photonics Completes Acquisition of Control Micro Systems – Expands into Pharmaceutical Laser Equipment Market //
Source: https://www.businesswire.com/news/home/20241106779285/en/Laser-Photonics-Completes-Acquisition-of-Control-Micro-Systems—Expands-Into-Pharmaceutical-Laser-Equipment-Market