“Zemax’s technically superior software algorithms have long represented the best value proposition in the rapidly growing optical and illumination design software market, and the Company is ideally positioned to benefit from the strong macro growth trends in its underlying market sectors,” Arlington Capital Partner Michael Lustbader said. “In addition, we believe the Company has significant potential to expand its traditional user base beyond expert users, and we are excited to partner with the Zemax team to execute an aggressive growth plan as a standalone company.”
“We have an exciting, ambitious roadmap for the Zemax software suite, and we are eager to begin our next chapter of growth with Arlington as our partner,” Zemax CEO Mark Nicholson said. “Arlington’s relationships and software domain expertise have already proven to be a strong asset to our team, and we are looking forward to working closely with Arlington to rapidly scale the business.”
“The Zemax acquisition creates a software platform with global sales capabilities that is well positioned for substantial growth,” Arlington Capital Principal Jesse Liu said. “We have consistently been impressed with the Company’s execution capabilities and look forward to building the Zemax platform through the execution of both organic initiatives and highly targeted acquisitions.”
Headquartered in Redmond, Wash., Zemax provides optical and illumination design software to design engineers across a wide variety of industries, including aerospace, defense, medical/life sciences, instrumentation, optics and lighting.