Exxelia Acquires Micropen Technologies Corporation And Adds Resistors To Its High-Reliability Passive Components Portfolio
Micropen, Technology Leader in the Design, Development and Manufactureof High Precision Resistors and Special Sensors Joins Exxelia
ExxeliaCompletes itsHigh-Rel Passive Component Portfolioby Adding Resistors to the Existing Capacitors & Magnetic Product Lines and Expands its Offer to Critical Sensors for the Medical & Security markets
Exxelia Strengthens its Footprint in the USA with a Fourth Manufacturing Facility
Micropen Scales its Business Outside the USA ThroughExxelia’s Local Presence, Especially in Europe and Asia
PARIS, France and HONEOYE FALLS, NY, USA, January 6th, 2020 – Exxelia, a leading designer and manufacturer of High-Relpassive components and sub-systems dedicated to severe environments, announced that it has completed, on Dec 23rd, 2019, the acquisition of Micropen Technologies Corporation.Micropen is a well-established designer and manufacturer of high technologyresistors, known under the Ohmcraft® brand,serving the medical, defense, space and industrial markets. Micropen also manufactures with the same technology unique special sensors dedicated to the medical and security markets.
Established in 1982 in Honeoye Falls, NY, Micropen Technologies has developed a unique process to print critical functional materials, such as conductive electrodes, precious metals, on various planar or 3Dsubstrates, such as ceramic, plastic and others. This patented system is the core technology for the design and manufacture of Ohmcraft® complete line of resistors as well as some of the world’s most innovative monitoring & stimulating medical sensors.
“We are very excited to welcomeMicropen’s talented, engaged and committed team, and very proud toaddMicropen’sunique technology under our already extensive portfolio of highly-engineered passive components and sensors. Thanks to this unrivaled process, Exxelia gains a foothold in the high-rel resistors world and enhances its ability to serve as a key product solution provider to customers with mission-critical applications”, said Paul Maisonnier, Chief Executive Officer of Exxelia.
According to Ed Petrazzolo, President & Chief Executive Officer of Micropen Technologies, “Micropen isdelighted to now be a part of Exxelia’s growth and expanded product offerings. The commonalities between our two companies in culture, engineering, technology and manufacturing excellence are outstanding and we are excited by the global reach that Exxelia offers to our Ohmcraft resistors and Micropen printing capabilities”.
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