Capstone Partners advised GSI Group, Inc., a Bedford, MA-based global supplier of precision photonic components and subsystems, on the sale of its San Jose, CA-based subsidiary Continuum Electro Optics, Inc. to Amplitude Group, an Evry, France-based designer and manufacturer of high performance laser systems (Amplitude Technologies and Amplitude Systems).
Continuum will provide Amplitude a strategic and complementary suite of products while offering access to new markets and technology.
Grant Garbers, Managing Director in Capstone’s Industrial Technology practice, stated, “For over 35 years, Continuum has been a global leader in high energy laser systems primarily for the scientific and research markets. Their strong brand and deep domain expertise were desirable to Amplitude.”
Continuum was founded in 1975 and offers high-energy, solid-state lasers and ultrafast lasers used in scientific, industrial and commercial applications such as spectroscopy, materials analysis and diagnostics.