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Excel Industries incorporated in 1960 is part of A C Shroff's Excel Group and is into manufacture of industrial chemicals speciality chemicals bio-fertilisers and bio-remediation technologies.
Continuum had been founded in 1975 as Quantel International by Georges Bret, a laser technology professor at the University of Orsay in France.
The company had been founded in 1978 to make instruments for biomedical research.
The story of Excel Technology starts with Rama Rao, a physicist who came to Chicago from his native India in 1979 to take a position as a teaching assistant at the Laser Laboratory of the University of Illinois.
Excel was founded in 1985 by a scientist eager to develop an advanced medical laser.
In May 1991 the company raised $3.6 million with an initial public offering on the NASDAQ. Sales in 1991 were about $250,000.
In 1992 the tiny company acquired Quantronix, Inc., a much larger manufacturer of lasers for the scientific and industrial sectors.
In the summer of 1994, Excel/Quantronix introduced a laser welding system that could be used for the repair of dental crowns and bridges.
In October 1995 Excel paid $3.5 million for the Photo Research Division of Kollmorgen, which was rolled into the newly created subsidiary Photo Research Inc.
Hill worked closely with Antoine Dominic, who had joined Excel as chief financial officer in 1995 and became chief operating officer and president a few years later.
At the start of 1996, Rama Rao stepped down as CEO. Both he and his wife Triveni resigned their board positions to pursue other interests.
Eventually, competing firms developed similar products, but Synrad still had a strong market share when Excel bought it in 1998 for $22 million.
Bhd., based in Malaysia, was created in 1999 as a marketing and distribution subsidiary for Control Laser and Quantronix Products in southeast Asia.
As part of its restructuring plan the company has divested its Agri business(Pesticides) to Excel Crop Care Ltd(erstwhile West Coast Oxygen Ltd) a group company w.e.f April 1 2002.
Excel Technology Japan Holding Co., Ltd. was established in August 2002 to acquire OptoFocus Corporation, the company that distributed Excel's product line in Japan.
Because Baublys had products similar to Excel's Orlando-based subsidiary Control Laser, the two companies consolidated their activities at the start of 2002, although they remained legally separate.
Sales in 2003 grew to $122.68 million and net income was $11.32 million, in large part due to revenues from Continuum and the new Japanese sales office.
In 2003, the National Assembly was cited as an effective collaborative effort in the Harvard Business Review article entitled, “The Non-profit Sectors $100 Billion Opportunity.”
In 2004 increased sales in marking systems, scanners, and CO2 lasers were putting Excel on a path to exceed the previous year's sales.
Founded in 2006, EXCEL has grown from a Logistics Provider to EXCEL Group of companies.
On 27th January received ISO 9001:2008 Certification for QMS of EXCEL MARITIME & LOGISTICS PVT LTD
At 1.79 million, demat accounts opened in June fewest since Feb 2021
Glance user base grows by 30% YoY to reach 183 million in Q1 2022
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