CERES Home Page

CERES provides M & A advisory services to growth companies employing photonics to serve a wide range of markets - from life sciences to consumer electronics to advanced manufacturing

Sell Side M & A Advisory

Technology businesses face market and technological uncertainty in complex ecosystems. Engage CERES’ broad network and strategic insight to markets served by photonics on the sell side to realize maximum value.

Buy Side M & A Advisory

Great companies are scarce. There is an abundance of investment capital. Prices are high. M & A sales processes are competitive. Partner with CERES on the buy side for clarity of strategic direction and speed to action.

Business Valuation

CERES is highly specialized in valuation of businesses with core photonics technology. Whether entrepreneur, private equity or publicly owned, be smarter and better prepared for sale or acquisition with CERES on valuation.

Recent Articles


Photonics in Today’s Transformative Age

Today’s transformative age is blurring lines between economic sectors, while creating new and unique opportunities.  With this collision of industries, leaders in traditionally defined sectors are seizing opportunities to create new value for their customers and reshape their businesses.

Linda Smith Honored as Fellow of SPIE

CERES announces the promotion of Linda Smith to Fellow of SPIE, the international society for optics and photonics.  A Fellow is distinguished through outstanding technical accomplishments and entrepreneurial contributions to optics and photonics.

2020 Mergers & Acquisitions in Photonics

Despite the pandemic, frothy public markets and new normals refuel photonics M&A and IPO markets in 2020

Linda Smith, President of CERES, joins the OSA Foundation Board

The Optical Society is pleased to announce that Linda Smith, President of CERES Technology Advisors has joined The OSA Foundation Board of Directors.

CERES Advises nPoint on Sale to Motion Solutions

CERES announces the sale of nPoint to Motion Solutions. nPoint provides piezo-driven nanopositioning stages, scanners, control electronics and software to OEM's and end-users worldwide.

2019 Mergers & Acquisitions in Photonics

In the worldwide photonics industry, 2019 was another record year for M&A in terms of both deal value and deal volume. However, M&A activity for pure-play photonics companies was down from recent years.

Photonics in Today’s Transformative Age Amidst A Global Pandemic

With a radical collision of industries amidst a global pandemic, the adoption of photonics and the growth of established companies employing photonics are accelerating.

Read More


0 Comments41 Minutes

2020 Mergers & Acquisitions in Photonics

Despite the pandemic, frothy public markets and new normals refuel photonics M&A and IPO markets in 2020

Read More


0 Comments10 Minutes

Linda Smith, President of CERES, joins the OSA Foundation Board

The Optical Society is pleased to announce that Linda Smith, President of CERES Technology Advisors has joined The OSA Foundation Board of Directors.

Read More


0 Comments3 Minutes

CERES Advises nPoint on Sale to Motion Solutions

CERES announces the sale of nPoint to Motion Solutions. nPoint provides piezo-driven nanopositioning stages, scanners, control electronics and software to OEM's and end-users worldwide.

Read More


0 Comments4 Minutes

2019 Mergers & Acquisitions in Photonics

In the worldwide photonics industry, 2019 was another record year for M&A in terms of both deal value and deal volume. However, M&A activity for pure-play photonics companies was down from recent years.

Read More


0 Comments24 Minutes

Linda Smith of CERES Joins Luminate Advisory Board

CERES announces Linda Smith, President of CERES, is joining the advisory board of Luminate, the world’s largest optics, photonics, and imaging accelerator.

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0 Comments4 Minutes

CERES Advises Emphysys on Growth Financing

CERES announces growth financing for Emphysys, a powerhouse product development partner who is changing the future of R&D and new product development.  With specialties in medical devices, semiconductor equipment and industrial machinery, the company is comprised of a diverse group of professionals with extensive backgrounds in fundamental physics and complex engineering systems.

Read More


0 Comments6 Minutes

Photonics in Today’s Transformative Age

Today’s transformative age is blurring lines between economic sectors, while creating new and unique opportunities.  With this collision of industries, leaders in traditionally defined sectors are seizing opportunities to create new value for their customers and reshape their businesses.

Read More


0 Comments15 Minutes

Foreign Investment in US Photonics Technologies

Foreign Investment in US Photonics Technologies

Significant changes to Committee for Foreign Investment in US (CFIUS) review process expand its jurisdiction to new types of transactions and change the timeline and procedures for seeking approval for a transaction from CFIUS.

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0 Comments7 Minutes

2018 Mergers & Acquisitions – Photonics

Buyers address the challenges of slower growth, an abundance of investment capital, advances in digital technologies and government intervention with M & A.  In addition to consolidation and scaling manufacturing operations in Asia, buyers are acquiring companies employing photonics technologies to open new markets, enhance capabilities and implement new business models.

Read More


0 Comments18 Minutes


CERES Home Page

CERES provides M & A advisory services to growth companies employing photonics to serve a wide range of markets

Sell Side M & A Advisory

Photonics technology businesses face market and technological uncertainty in complex ecosystems. Engage CERES’ broad network and strategic insight on the sell side to realize maximum value.

Buy Side M & A Advisory

Great companies are scarce. There is an abundance of investment capital. M & A sales processes are competitive. Partner with CERES on the buy side for clarity of strategic direction and speed to action.

Business Valuation

CERES is highly specialized in valuation of businesses with core photonics technology. Whether privately or publicly owned, be smarter and better prepared for sale or acquisition with CERES on valuation.

Recent Articles


Linda Smith Honored as Fellow of SPIE

CERES announces the promotion of Linda Smith to Fellow of SPIE, the international society for optics and photonics.  A Fellow is distinguished through outstanding technical accomplishments and entrepreneurial contributions to optics and photonics.

2019 Mergers & Acquisitions in Photonics

In the worldwide photonics industry, 2019 was another record year for M&A in terms of both deal value and deal volume. However, M&A activity for pure-play photonics companies was down from recent years.

2020 Mergers & Acquisitions in Photonics

Despite the pandemic, frothy public markets and new normals refuel photonics M&A and IPO markets in 2020

Photonics in Today’s Transformative Age Amidst A Global Pandemic

With a radical collision of industries amidst a global pandemic, the adoption of photonics and the growth of established companies employing photonics are accelerating.

CERES Advises nPoint on Sale to Motion Solutions

CERES announces the sale of nPoint to Motion Solutions. nPoint provides piezo-driven nanopositioning stages, scanners, control electronics and software to OEM's and end-users worldwide.

Linda Smith, President of CERES, joins the OSA Foundation Board

The Optical Society is pleased to announce that Linda Smith, President of CERES Technology Advisors has joined The OSA Foundation Board of Directors.