US-based IDEX Corporation acquires Iridian Spectral Technologies for $215 million

US-based IDEX Corporation Inc. has completed its previously-announced acquisition of Iridian Spectral Technologies Ltd., an Ontario-based manufacturer of thin-film, multi-layer optical filters, in a deal valued at approximately $215 million (US$159.9 million).

Upon deal closing, Iridian joined the businesses of IDEX Optical Technologies — composed of CVI Laser Optics, CVI Infrared Optics, and Advanced Thin Films — within its health and science technology segment.

Deal Type

Merger & Acquisition

Industry

Other

Transaction

$ 215,183,826

Deal Status

Closed

Closing Date

19 May 2023