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Luna Innovations Acquires OptaSense

Luna Innovations Incorporated has acquired OptaSense Holdings for 29 million British pounds. OptaSense specializes in fiber-optic distributed monitoring solutions for pipelines, oilfield services, security, highway monitoring, railway monitoring and power and utilities monitoring systems. The combined companies are expected to create the largest fiber-optic sensing company in the world. The deal will allow Luna to establish a presence in international markets and expand into high-growth industries. The acquisition should be completed in 2021.

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