CICERO, N.Y. — Technology supplier JADAK, LLC has merged with a California firm that’s part of their parent company, Novanta, a Bedford, Massachusetts–based business formerly called GSI Group, Inc. (NASDAQ: GSIG).
JADAK didn’t release any terms of its merger agreement with Chatsworth, California–based Photo Research (PR) in its news release issued Wednesday.
Photo Research, which will retain its name, manufactures spectroradiometers and photonics products. It also specializes in light and color-measurement products serving the flat-panel display, automotive, aerospace and related industries.
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It relocated its production, service, calibration, and customer-service operations from California, to JADAK’s Cicero headquarters on June 13, according to the release.
JADAK is a Cicero–based a manufacturer of machine vision, radio-frequency identification (RFID) and bar-code products for the health care and life-science industries.
The firm also operates offices in the Netherlands; China; and Bedford, Massachusetts, according to its website.
With the addition of PR, JADAK can expand its offerings to include a new line of spectroscopy products. They measure spectral response from reagents and biopsies to other materials for JADAK’s original-equipment manufacturer (OEM), medical-device customers.
JADAK also said it plans to boost investment in product innovation for PR customers.
Both JADAK and PR are hiring for positions in production, service, management and supply chain for the Cicero location.
“The move to upstate New York provides our team with the opportunity to capitalize on the larger operational and engineering resources available within the JADAK family to continue to push the company forward and offer new solutions while still retaining our name and history,” Bill Polinsky, managing director of Photo Research, said in the JADAK release.
“We’re proud to continue to invest, grow and hire right here in Central New York,” Janie Goddard, president of JADAK, said. “PR becoming a division of JADAK builds on the influx of high-technology opportunities in greater Central New York and will have a long-lasting economic impact on the region.”
Photo Research is the third company to become part of JADAK since June 2015.
The firm merged with sister company General Scanning Printer Technologies in June 2015. It also acquired the assets of Denver, Colorado–based SkyeTek for $2.6 million in December of last year.
Since September, JADAK has hired 45 employees in Syracuse and across the country, according to the release.
Contact Reinhardt at ereinhardt@cnybj.com
