Avidity Science, a Waterford-based company specializing in lab equipment and water purification systems for scientific research and health care facilities, said Tuesday that it has expanded its radio frequency identification offerings with the acquisition of UMG Inc. of Golden, Colorado.
UMG specializes in small microprocessor electronic products, according to its website. It's known for small implantable devices and telemetry data transfer in the biological research field.
Doug Lohse, CEO of Avidity Science, said the investment "adds unique design, engineering and manufacturing capacity of RFID transponders and readers used in research model identification."
"The combination of UMG and Avidity's Bio Medic Data Systems portfolio enables our company to provide unmatched support to the increasingly critical biomedical research efforts around the world," Lohse said in a press release.
Financial terms of the transaction were not disclosed.
The deal marks Avidity's sixth in the past four years, including four announced in October 2020: Bio Medic Data Systems, Hydropac, Lab Products Inc. and Harford Systems. The investments expanded Avidity’s portfolio of water purification and delivery products, control and monitoring solutions, and service capabilities to enhance its support of the global biomedical research community.
