# 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.

- Type: Acquisition
- Announced: 2018-09-04
- Where: United States
- Value: $85.0M
- Status: completed
- Products: photonic-based measurement and monitoring solutions, temperature and gas sensing devices
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Advanced Energy Industries](https://endata.com/companies/19013.md) (acquirer)
- [LumaSense Technologies Holdings](https://endata.com/companies/19014.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/de/news-release/2018/09/04/1565228/15642/en/Advanced-Energy-Announces-Acquisition-of-LumaSense.html), 2018-09-04: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.