Market Overview

The L.S. Starrett Company Acquires Bytewise

The L.S. Starrett Company announced today the acquisition of Bytewise Development Corp. located in Columbus, Georgia.

Bytewise designs, develops and manufactures non-contact, industrial measurement systems and software that capture the external geometric profile of a product and analyze that data to meet measurement and/or quality control requirements.

“We are excited about the acquisition of Bytewise which expands our strategic focus to provide engineered solutions for industry and will be accretive to our business. The industry leading laser technology from Bytewise is consistent with our reputation for providing the finest in precision measuring instruments that meet the industry's most stringent standards while expanding our reach in new markets. Nine of the top ten tire manufacturers and four of the top six non-tire rubber companies are Bytewise customers and have systems currently in operation in 24 countries around the globe. We are confident that this technology can be leveraged across select segments of the Starrett product portfolio to benefit many current and future customers,” said Douglas A. Starrett, President and CEO of The L.S. Starrett Company.

Posted-In: News M&A

 

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