- Laser Photonics Corporation (NASDAQ:LASE) announced the acquisition of Beamer Laser Marking Systems.
- The acquisition will contribute $3 to $5 million in annual revenue, strengthening LASE's position in the laser marking market.
- Beamer's established network of 19 tech centers and 5 demonstration showrooms will expand LASE's distribution capabilities across North America.
Laser Photonics Corporation (NASDAQ:LASE), a leader in industrial laser systems, is set to acquire Beamer Laser Marking Systems. This strategic acquisition will expand LASE's capabilities in the laser marking sector, with Beamer generating between $3 million and $5 million in annual revenue from 2022 to 2024.
The acquisition includes Beamer's network of 19 tech centers across North America, featuring 5 product demonstration showrooms. This expansion will significantly enhance LASE’s distribution channels, allowing for greater market penetration and providing a platform for introducing a broader range of laser solutions.
By integrating Beamer's U.S.-based manufacturing capabilities, LASE will mitigate supply chain risks and tariff challenges, promoting better quality control and reduced lead times. This acquisition complements LASE's previous acquisition of Control Micro Systems and aligns with their strategy to diversify product offerings in the laser marking market.
The transaction, which involves an all-stock deal consisting of 3 million shares of LASE common stock and a warrant for an additional 3 million shares at an exercise price of $4.34 per share, is subject to a 15-day review period by NASDAQ. Upon completion, the acquisition is expected to bolster LASE’s presence in diverse sectors such as aerospace, automotive, medical industries, and more.
