Luna Innovations acquires Silixa to boost fiber optic sensing market leadership
Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, has announced the strategic acquisition of Silixa, a UK-based leader in distributed fiber optic sensing solutions, for $21.5 million in cash and up to $16.5 million in earnouts. The deal, which was funded by White Hat Capital Partners’ strategic investment in Luna,…