Entrepreneurs / Small Business  April 23, 2015

California firm buys Longmont-based Eagle Mountain Technology

LONGMONT – California Eastern Laboratories announced Thursday that it has acquired Longmont-based engineering services company Eagle Mountain Technology, with plans to expand the local operation.

Terms of the deal were not disclosed, but a CEL spokesman said Eagle Mountain will become part of CEL and take on CEL’s branding.

CEL makes a variety of hardware and wireless solutions for the Internet of Things industry, while EMT provides embedded software, hardware engineering and mobile app design.

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EMT, founded in 2012 by Matt Smith, employs fewer than 10 people at its office at 1015 Ionosphere St. in Longmont, said Jim Ahne of CEL. He said a major goal of the acquisition by CEL is to gain a foothold in Boulder County. But he said the company would likely look for a new office in the area to accommodate expansion. Ahne said there would be no layoffs.

The two companies do not disclose revenue.

Officials for the companies said the two had been collaborating for the past two years, and that the acquisition was the logical next step.

“Eagle Mountain Technology has been critical to the development of our MeshWorks Platform, and adds a tight knit group of experienced engineers to our already strong engineering team,” Tom Benson, Vice President and General Manager, Embedded Systems, for CEL, said in a prepared statement.

LONGMONT – California Eastern Laboratories announced Thursday that it has acquired Longmont-based engineering services company Eagle Mountain Technology, with plans to expand the local operation.

Terms of the deal were not disclosed, but a CEL spokesman said Eagle Mountain will become part of CEL and take on CEL’s branding.

CEL makes a variety of hardware and wireless solutions for the Internet of Things industry, while EMT provides embedded software, hardware engineering and mobile app design.

EMT, founded in 2012 by Matt Smith, employs fewer than 10 people at its office at 1015 Ionosphere St. in Longmont, said Jim Ahne of CEL. He said…

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