Seminole, FL¾Salvo Technologies Inc., a technology-based holding company, has acquired EOITech in a private deal with undisclosed terms. EOITech serves multiple markets with unique sensor and imaging based products and services. EOITech’s product portfolio ranges from X-Ray cameras to Raman based sensors suites and provides unique services related to imaging sensors.
“Salvo Technologies’ strategy of acquiring companies with synergistic offerings lead us to EOITech,” said Patrick Bass, Executive Vice President of Salvo Technologies. “With the ability to create custom imaging and sensing products, EOITech aligns very well with both our Salvo Defense group as well as our Shepherd Scopes brand. This definitely is a case where the sum of the parts is much greater than that of the individual pieces! We are very excited to explore the new technologies the EOITech group brings to our family of companies.”
“The addition of EOITech creates an entirely new segment for the Salvo Organization,” said Hugh Garvey, president of EOITech. “We are just thrilled to have the chance to leverage the market reach, engineering resources and production capabilities of the Salvo Group. This acquisition has allowed us to become an integrator and solutions provider much faster than would be possible organically.”
EOITech will operate as a fully owned division of Salvo Technologies. The group will be integrated with the Salvo team over the next few months. Customers of both companies will benefit from the expanded capabilities garnered from the acquisition.
Launched in 2014 by Hugh Garvey, EOITech produces custom sensors and imagers for the industrial, medical and security markets. Services include cover-plate removal, fiber optic faceplate and micro array alignment and bonding as well as UV enhancement of COT’s imagers. Products include UV, multispectral and polarimetric cameras as well as a variety of sensing platforms from hyperspectral to raman. The group has over a century of experience in the sensing and imaging industry.
About Salvo Technologies Inc.
Salvo Technologies Inc. invests in and develops companies serving the defense, security, medical, industrial, and commercial markets. From its inception in 2007, it has grown into an organization with global reach and manufacturing capabilities on multiple continents. Its divisions provide a range of world-class products including personal protective equipment; thick-film coatings with high corrosion resistance; and high-reliability electronic and electro-optical components, fire-control optics, and imaging solutions with an emphasis on multispectral and polarimetric systems. Salvo Technologies is a privately held company headquartered in Seminole, FL. For more information please visit www.Salvo-Technologies.com.