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Spectroscopy firms plan merger

By Kevin Tampone

Date:

ITHACA — Tornado Medical Systems and Arjae Spectral Enterprises are merging to form a new company,  Tornado Spectral Systems.

The new company will be based in Toronto, Ontario and will also have a presence in Ithaca. Tornado Medical is an early-stage medical imaging and spectroscopy company while Arjae specializes in spectrometers.

Their technology has defense and security, environmental, biomedical, and industrial applications, according to the companies.

Tornado Medical formed in 2010 while Arjae began in 2008. Shareholders at both companies have approved the merger.

For more on this story, see Friday’s issue of The Central New York Business Journal.

Contact Tampone at ktampone@cnybj.com

 

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