QinetiQ has bought Redfern Integrated Optics, a semiconductor laser provider to the sensor industry, for an undisclosed amount as QinetiQ looks to gain a foothold in the distributed acoustic sensing market.
The purchase is slated to close within the first half of QinetiQ’s 2015 fiscal year and RIO will be a part of QinetiQ’s OptaSense subsidiary upon completion of the deal, QinetiQ said Thursday.
“We are committed to supporting the high-growth businesses in our portfolio, accelerating their development as appropriate with acquisitions and partnerships, ” said Leo Quinn, QinetiQ CEO.
San Francisco-based RIO develops laser technology used in light detection and ranging, fiber geophone and distributed acoustic sensing systems.
RIO was backed by venture capital funds, including Jolimont Capital and Southern Cross Ventures.