LightPath Announces Acquisition Of Visimid Technologies; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
LightPath Technologies has announced the acquisition of Visimid Technologies. The terms of the deal were not disclosed.

July 26, 2023 | 8:47 pm
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LightPath Technologies has acquired Visimid Technologies. This could potentially expand LightPath's product portfolio and market reach.
Acquisitions often lead to an expansion of the acquiring company's product portfolio and market reach. This could potentially lead to increased revenues and profitability in the future, which would be positive for the stock price. However, the terms of the deal were not disclosed, so the financial impact is uncertain.
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