Advanced Energy acquires LumaSense for $85M

Advanced Energy Industries, Inc. acquired LumaSense Technologies Holdings, Inc., a provider of temperature and gas sensing devices, for approximately $85 million in cash. The acquisition closed on September 1, 2018.

“The acquisition of LumaSense will enhance our customers’ ability to better control critical parameters of thermal and material processes, leading to significant improvements in process performance, efficiency and waste reduction.”globenewswire.com

• 1 source
• globenewswire.comAdvanced Energy Announces Acquisition of LumaSenseAdvanced Energy Industries, Inc.Sep 4, 2018

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