SAN JOSE ― Emerald Technologies today announced its acquisition of Optimum Design Associates, an electronic design and engineering services company.
Terms were not disclosed.
In making today’s announcement, Emerald Technologies added that has rebranded its name and has relocated its corporate headquarters to San Jose. These steps reflect Emerald’s continued evolution as a value-added partner to the world’s leading companies, providing mission-critical and highly complex electronic solutions across diverse end-markets and applications.
Optimum had been sold in March 2023 to Tempo Automation, but the deal collapsed due to financial issues at Tempo.
The acquisition, Emerald said, expands its capabilities and strengthens its position as a leader in design, engineering, rapid prototyping, and new product introduction, in addition to printed circuit board assembly, testing, and lifecycle support services to OEM customers working on electronics with the highest reliability requirements.
“We are excited to welcome Optimum to the Emerald family,” said Hartmut Liebel, CEO, Emerald Technologies. “This acquisition allows us to better serve our customers with the most extensive design services and contribute further to the latest innovations in technology and electronics with elite circuit board design techniques.”
“We are thrilled to join Emerald Technologies and look forward to leveraging our expertise to provide value-add services that drive innovation and growth for our customers,” said Nick Barbin, CEO and co-founder, Optimum.
In conjunction with this strategic acquisition, the Emerald Technologies subsidiary brands – DataED, Bestronics, Veris Manufacturing, Saline Electronics, and Ascentron – will all rebrand under the single Emerald Technologies name.