Growing laser micromachining capabilities, Resonetics acquires Caribou Technologies
The acquisition broadens Resonetics' capabilities in several important growth markets.
Laser micromachining specialist Resonetics (Nashua, NH) has acquired Caribou Technologies (Blaine, MN), which supplies centerless grinding, forming, coiling, machining, andlaser processing for the medical device industry, particularly in the nearby Minneapolis, MN market.
Since its founding in 2005 by Dan and Wendy Honeck and Connie Magnuson, Caribou has grown consistently by developing novel engineered solutions and adding new capabilities to enhance the customer experience. The company had also recently invested in a 50,000-sq-ft. facility, according to Tom Burns, president and CEO of Resonetics.
The acquisition broadens Resonetics' capabilities in several important growth markets, most notably neurovascular, structural heart, and other interventional specialties, adding new manufacturing capabilities to produce tightly toleranced metal components and subassemblies for leading-edge devices.