In 2018, Vaxarwas acquired by the German photonics company Osram the the reproted intent of advancing the larger fim's expertise in semiconductor-based optical security technology. VC fiunded, Mytek LLC /dba/ Vixar Inc (formerly known as Photonic Development Group), manufactures short wavelength (650nm to 800nm) VCSEL and LED based optical components and subassemblies for sensor and device applications within the biomedical, industrial, office product, automotive and consumer industries. Vixcels's founders having been previously involved with Honeywell where they were instrumental in establishing the VCSEL business at thatCorporation serving the high speed fiber optic data communications marketxar develops optical components and subassemblies for sensor applications in the biomedical, industrial, and automotive industries.