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Lynred set to buy SWIR provider New Imaging Technologies

Lynred set to buy SWIR provider New Imaging Technologies

Business news |
By Peter Clarke



Lynred SA (Grenoble, France) is set to buy New Imaging Technologies (Paris, France), a provider of shortwave infrared (SWIR) imaging modules and sensors for an undisclosed sum.

NIT is a designer of wide dynamic range CMOS and InGaAs sensors and supplier of cameras for specialist applications. Founded in 2007 the company has less than 50 employees, according to its Linkedin entry.

The acquisition expands Lynred’s product portfolio to large-format shortwave sensors with small pixel pitch. New Imaging Technologies (NIT) is the only European firm to manufacture and market a SWIR HD1080p array and associated module at a pixel size of 8-micron. 
 
The transaction is expected to close in 4Q24 subject to customary conditions.
 
“The global market for SWIR infrared imaging for machine vision is growing fast, as well as for defense applications, such as laser detection and in new space,” said Hervé Bouaziz, executive president at Lynred, in a statement. “As we share complementary industrial supply chains and technical skills, we can deliver highly competitive SWIR imaging sensors and modules to customers,” he added.

Related links and articles:

www.lynred.com

www.new-imaging-technologies.com

News articles:

Lynred breaks ground on €85 million French infrared sensor production site

France provides Lynred R&D program with US$1 million

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