Arradiance, has acquired Lotus Applied Technology, an Oregon company known for its research into ultra-thin material coatings.
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Arradiance, a Littleton-based manufacturer of specialized coating equipment, has acquired Lotus Applied Technology, an Oregon company known for its research into ultra-thin material coatings.
Arradiance builds machines that apply coatings only a few atoms thick onto surfaces such as computer chips, sensors and other high-tech materials. The process, called atomic layer deposition, allows manufacturers to add precise, ultra-thin protective or functional layers to products used in industries such as semiconductors, energy, and electronics.
Lotus will continue operating under its own name as part of Arradiance. Its staff, equipment, and operations will remain unchanged, Arradiance announced Thursday.
Financial terms were not disclosed.
Lotus' speedier coating methods paired with Arradiance's manufacturing muscle will allow the firm to serve more customers with coatings ready for full-scale production, according to Arradiance.
Founded in 2003 and based at 11A Beaver Brook Road, Arradiance makes equipment including its GEMStar and Prime systems, which are used by commercial, academic, and government researchers to develop new materials for semiconductors, energy devices, sensors, and other emerging technologies. The company runs its own coating service, applying these thin films for customers who need the technology but don't operate their own equipment.
The Lotus deal comes as Arradiance unveiled two new products, Prime Verde and Prime Platinum. These products are aimed at giving customers coating capabilities beyond what's typically available in a research lab, including handling larger materials and more delicate chemical compounds.
With the addition of Lotus AT's technology, Arradiance said it expects to speed the path for these lab-tested coating processes to move into full-scale production for a wider range of manufacturers.
Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the real estate and banking & finance industries.
