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3 December 2015

SETi acquires commercial operations of fellow UV LED firm Nitek

Sensor Electronic Technology Inc (SETi) of Columbia, SC, USA, which manufactures deep-ultraviolet (DUV) LED devices and modules emitting at wavelengths of 230-355nm, has acquired the commercial operations of Columbia-based UV LED developer and manufacturer Nitek Inc. The transaction combines two complementary companies to become what is reckoned to be the world's largest UV-focused LED developer and manufacturer, along with the lowest cost of ownership.

Founded in 2004, Nitek has developed technology to manufacture deep UV LEDs in a cost-effective, high-volume process which, when implemented with SETi's technology, leads to the highest-performance LEDs at the industry's lowest cost, it is claimed.

"This acquisition increases SETi's DUV epi capacity, while also bringing additional technology to reduce our costs," says SETi's president & CEO Emmanuel Lakios. "The net result is that it allows us to reduce the adoption time of cost-sensitive volume markets such as water and air disinfection," he adds.  

As part of the transaction, SETi also becomes the exclusive distributor in North America for the UVA LEDs of South Koreas's Seoul Viosys, offering its customers a complete range of UV LEDs spanning the entire spectrum from UVA to UVC. In August, UV LED firm Seoul Viosys Co Ltd acquired a majority stake (over 50%) in SETi. Seoul Viosys subsequently decided to expand SETi's UV LED production capacity threefold by the end of 2016. SETi's existing capacity exceeds 100 million units per year.

See related items:

Seoul Viosys and SETi to jointly commercialise Violeds UV LED sterilization technology

Seoul Viosys' acquisition of controlling stake in SETi approved by US DoD

SETi appoints president & CEO

Tags: Sensor Electronic Technology UV LEDs

Visit: www.s-et.com

Visit: www.nitekusa.com

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