Berwyn, PA—AMETEK, Inc. has acquired Navitar, a provider of advanced optical components and solutions for high-precision applications headquartered in Rochester, New York.
Navitar designs, develops, and manufactures customized, fully integrated optical imaging systems, cameras, components, and software. Its optical solutions serve applications in high-growth end markets including medical and life sciences, machine vision and robotics, and industrial automation.
“Navitar’s market-leading optical components and solutions nicely complement our existing optics portfolio while also providing the ability to leverage our respective sales channels to accelerate growth and market access,” says David A. Zapico, AMETEK Chairman and Chief Executive Officer. “Additionally, Navitar is well positioned to benefit from the growth in demand for precision optical solutions across an expanding number of applications.”
The Navitar acquisition was part of a two-company, $430 million acquisition by Ametek. It also acquired RTDS Technologies, headquartered in Winnipeg, Canada, a provider of real-time power simulation systems used by utilities and research and educational institutions in the development and testing of the electric power grid and renewable energy applications.
AMETEK is a global manufacturer of electronic instruments and electromechanical devices with 2021 sales of $5.5 billion.