Ann Arbor-based Advanced Photonix grows with merger

Ann Arbor's Advanced Photonix is about to become part of a merger that will turn it into a $50 million company. That's pretty darn impressive for a firm we've been watch grow year after year. In fact, since Concentrate launched in 2008.

Excerpt:

"The board of Ann Arbor-based Advanced Photonix Inc., a supplier of optoelectronic sensors, devices and measurement instrumentation for the telecommunications, defense, industrial and medical markets, has agreed to merge with Luna Innovations Inc., which makes fiber-optic sensing and test and measurement products for the same industries."

Read the rest here.
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