Financial & Business, Supplier News

MDC Acquires Lighteum to Expand Nitinol Capabilities

Lighteum’s capabilities in nitinol processing cover laser cutting, laser welding, heat shaping, and electropolishing.

Author Image

By: Sam Brusco

Associate Editor

Photo: Medical Device Components.

MDC (Medical Device Components), a provider of minimally invasive medical device components, has acquired Lighteum, a nitinol-based medical component manufacturer.

The deal combines MDC’s expertise in platinum group metals and micromachining with Lighteum’s capabilities in nitinol processing, which cover laser cutting, laser welding, heat shaping, and electropolishing. MDC said merging these technologies will help the company further expand its portfolio and better serve the medical device industry’s evolving requirements.

Lighteum is also known for its rapid prototyping and transparent customer collaboration. The nimble, flexible manufacturing partner will now have MDC’s global infrastructure and extensive R&D and manufacturing processes to back it.

Manufacturing capabilities for both companies will be expanded in San Diego, Mexicali, Australia, and around the world.

“We are excited to welcome Lighteum into the MDC family,” said Don Freeman, CEO of MDC. “By combining our capabilities, we will be able to offer our customers an unparalleled range of services, from prototyping through high-volume production. This acquisition demonstrates our commitment to continuous innovation and positions us to deliver more comprehensive solutions, improving patient outcomes worldwide.”

The acquisition officially closed on November 8. Lighteum’s team and operations were immediately integrated following the deal’s completion.

“This acquisition enables us to expand Lighteum’s white-glove customer service and quick-turn responsiveness to a global customer base,” said Lorie Lodico IV, COO of Lighteum. “The combination of MDC’s leadership in precious metal components and nitinol fabrication, with Lighteum’s expertise in nitinol process development, will push the boundaries of what’s possible in medical device manufacturing,” added Jose Maeso, CTO of Lighteum.

Keep Up With Our Content. Subscribe To Medical Product Outsourcing Newsletters