Lightpath announces acquisition of visimid technologies

Opportunistic acquisition advances strategy by expanding capabilities orlando, fl / accesswire / july 26, 2023 / lightpath technologies, inc. (nasdaq:lpth), ("lightpath" or the "company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, announced the acquisition of visimid technologies ("visimid"), an engineering and design firm specializing in thermal imaging, night vision and internet of things ("iot") applications purchased for a combination of cash and stock. visimid provides design and consulting services for department of defense ("dod") contractors, commercial and industrial customers, and oems for original new products.
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