News Article

INCOM INC. Announces Acquisition of Paradigm Optics
Date: Jan 09, 2012
Source: Company Data ( click here to go to the source)

Featured firm in this article: Incom Inc of Charlton, MA



INCOM Inc., the world's leading commercial manufacturer of fused fiber optic components, today announced that it has acquired Paradigm Optics, a manufacturer of polymer fiber optic devices located in Vancouver, Washington. The acquisition includes all intellectual property related to the manufacture and sale of polymer structures as well as all physical assets and capital equipment. Paradigm Optics President & CEO Mr. David Welker will remain as Director of Polymer Products, continuing to oversee all activities at the Washington-based property, reporting in to Mr. Michael Detarando, President & CEO of INCOM. Financial details of the transaction were not disclosed.

Mr. Anthony M. Detarando, Chairman of INCOM, Inc., stated, "the purchase of Paradigm Optics represents INCOM's continued investment and commitment to providing the most advanced fused fiber optic technology available to our customers. Paradigm's polymer fiber optic technology, in particular, will allow INCOM to further service the needs of the homeland security marketplace with biometric identity solutions specifically in the area of ultrasonic fingerprinting; and, we can now service the display industry with polymer-based image guides and transfer devices that enable seamless and dynamic digital displays with tactile feedback."

Mr. Welker added, "We're thrilled to be part of the INCOM family, and look forward to contributing to the innovative and state-of-the-art work they have done in