Finger Lakes Instrumentation acquired by IDEX

Velvet Spicer//July 25, 2018//

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Livingston County-based Finger Lakes Instrumentation has been acquired by IDEX Health & Science LLC, a unit of Illinois-based IDEX Corp., a life science fluidics, microfluidics and optics firm. Financial terms of the deal were not disclosed.

Finger Lakes Instrumentation designs, develops and produces low-noise, cooled charge coupled devices (CCD) and high-speed, high-sensitivity cooled scientific complementary metal oxide semiconductor (CMOS) cameras for the astronomy and life science markets. The 18-year-old company has three facilities across New York, including two in Lima, and employs 31 people, all of whom will remain onboard.

“The Finger Lakes Instrumentation acquisition fills an important strategic gap and is a fantastic complement to our life science optofluidic portfolio,” said IDEX Group President Gus Salem., noting separately that IDEX’s strategic intent to drive accelerated growth of the FLI business as part of IDEX’s Life Science Optics business will require incremental investments at FLI.

IDEX’s health and science division focuses on high precision, high performance pumps, injection valves, connective tubing, fittings, check valves, degassing systems, liquid-end assemblies, and flow cells used in configurations customized to the specifications of analytical, clinical diagnostics and biotechnology instrument manufacturers.

“Everyone at FLI is excited to become part of the IDEX team,” Finger Lakes Instrumentation general manager Gregory Terrance said. “We look forward to growing the business and capitalizing on the synergies of FLI and the group of companies under the IDEX umbrella.”

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