Thorlabs Inc. has entered into a definitive purchase agreement to acquire JML Optical Industries LLC, a Rochester-based custom designer and manufacturer of precision optics.
The transaction is expected to close this month. Financial details were not disclosed.
Founded in 1972, JML has 70,000 square feet of space on Linden Avenue dedicated to the design, production and testing of aspherical, spherical, plano, cylindrical and acylindrical lenses and multi-element optical devices.
The JML Optical team will remain in Rochester and form a new Thorlabs entity called Thorlabs Lens Systems Inc.
Operating as an R&D and production facility, TLS will add to Thorlabs’ existing optics manufacturing footprint, which currently occupies 120,000 square feet of vertically integrated production space within Thorlabs’ campus of buildings in Newton, NJ and another 24,000 square feet within its facilities in South Carolina and California.
“We are thrilled to welcome the highly experienced JML team to Thorlabs and look forward to leveraging their proven optics capabilities to further serve the photonics industry,” said Bill Donovan, business unit leader of Thorlabs’ Optics Division, Thorlabs Advanced Photonics. “Having a significant design and manufacturing presence in Rochester, the epicenter of one of the most significant and vibrant communities within the United States for optics technology, will further enhance our ability to provide the innovations needed for future advancements in photonics.”
Added Bob Bicksler, JML Optical president and CEO, “We see this combination as an excellent opportunity to increase exposure to our products through the extensive global reach of Thorlabs.
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