Laser Photonics Corporation (LASE) announced it will acquire Beamer Laser Marking Systems.
Beamer generated between $3 million and $5 million in unaudited revenue annually from 2022 to 2024, according to ARCH.
John Armstrong, Executive Vice President of Laser Photonics, stated that Beamer complements the Control Micro Systems transaction completed in November last year.
This acquisition immediately enhances the company’s long-term strategy through deeper product diversification in the fast-growing laser marking market.
The acquisition will become effective after NASDAQ’s 15-day review period of the transaction.
