College Park Acquires LTI
October 12, 2015
College Park Industries, Warren, Michigan, announced it has acquired Liberating Technologies Inc. (LTI), Holliston, Massachusetts, the creator of the Boston Digital Arm™. William Hanson will stay on as president of LTI and adds over 26 years of industry experience to the College Park management team. This alliance will expand College Park's product offerings into upper-limb prosthetics, orthotics, and rehabilitation technology.
"This strategic merger was the next logical step in College Park's continued growth." said William Carver, COO for College Park. "Beyond the complementary product lines, the robust research department at LTI is an exciting area for our engineering team to join forces with. LTI was recently awarded six new government grants and has developed technology that has clear integration with future College Park products."