IDEX Corporation completes acquisition of Iridian Spectral Technologies

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IDEX Chief Executive Officer and President, Eric Ashleman

IDEX Corporation (NYSE:IEX) today announced that it has completed its previously-announced acquisition of Iridian Spectral Technologies (“Iridian”), one of the global leaders in designing and manufacturing thin-film, multi-layer optical filters.

Based in Ottawa, Ontario, Canada, Iridian has proven expertise in optical filter design and production, serving the laser communications, telecommunications, and life sciences markets. Iridian provides support throughout a product’s lifecycle, from initial prototyping to high-volume manufacturing. It offers advanced, proprietary thin-film design deposition and manufacturing technology of durable, high-performance filter optics.

“The addition of Iridian expands our already strong array of optical technology offerings and aligns with our company’s strategic growth plans,” IDEX Chief Executive Officer and President Eric Ashleman said. “We welcome the Iridian team to IDEX, where they will increase our offerings in core markets we serve now and allow us to expand into new ones.”

Iridian joins IDEX Optical Technologies (CVI Laser Optics, CVI Infrared Optics, and Advanced Thin Films) within Scientific Fluidics & Optics in IDEX’s Health & Science Technology segment. Iridian will also be a strong partner in the life science filters business driven by the Semrock team of IDEX Health & Science.

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