Laserage acquires Directed Light's Laser Processing Division

Laserage Technology Corporation, a global contract manufacturing source for precision laser processing, has acquired the laser processing unit of Directed Light, Inc. (DLI), a laser technology services provider.

Waukegan, IL - Laserage Technology Corporation, a global contract manufacturing source for precision laser processing, has acquired the laser processing unit of Directed Light, Inc. (DLI), a laser technology services provider. DLI's laser processing group will be integrated into Laserage, while Directed Light's Industrial Laser Components and Service Group will not be acquired and will retain its name and brand.

Laserage executives view the acquisition as a strategic move, strengthening its regional contract manufacturing capabilities and solidifying the company's position in precision engineered laser solutions. Through the acquisition, the company will now offer two state-of-the-art laser facilities located in the Midwest and in Northern California.

"We have seen significant growth in our business from our California-based customers. With the acquisition of DLI's laser processing and contract manufacturing division, we are positioned to grow in our core competency and firmly establish our California presence, which has been our key strategic initiative," stated Steve Capp, Laserage president and CEO. "We are pleased to add the long history and the local market niche of DLI to our recent acquisition of Venta Medical, a northern California company fully acquired last year, to further strengthen our support of emerging companies in this region."

For more information, please visit www.laserage.com or www.directedlight.com.

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