PCO employs around 100 people at its headquarters in Kelheim as well as in Singapore, China, Canada and the USA. The sites, including production at the headquarters, are to remain in operation.

Luitpold Kaspar, COO of PCO, states: "We are very proud of our technological leadership in the development of scientific CMOS cameras. We see this merger as an excellent opportunity to further position our products internationally through Excelitas Technologies' extensive global presence."

The acquisition plans were announced back in June of this year. They join a string of acquisitions by Excelitas:

• 2013: Qioptiq
• 2018: Research Electro Optics
• 2019: Axsun

In 2017, Excelitas itself was acquired by private equity firm AEA Investors.

About PCO

PCO was founded in 1987 by Dr. Emil Ott and launched the first image intensifier cameras based on proprietary technologies in the same year. Today, the company offers a wide range of scientific CMOS, CCD and high-speed cameras for use in life sciences, physics and industrial applications, such as in the automotive industry