Laserage Technology Corp., which is a contract manufacturer for precision laser processing, has acquired a majority interest in Venta Medical.
Union City, Calif.-based Venta Medical is a contract medical manufacturer that provides services to the medical and life sciences markets. Laserage, headquartered in Waukegan, Ill., hopes the deal will accelerate its growth in the contract medical manufacturing marketplace.
The buyer makes devices for the medical, aerospace and industrial business-to-business industries. Terms of the deal weren’t disclosed.