PaR Systems Acquires OakRiver Technology.
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Company History

Today OakRiver continues to grow by expanding its customer base and increasing its Engineering and Manufacturing resource base.

2010 The Company forms the AES business unit to support rapid growth within the areas of Engineering and Manufacturing support services.

2009 OakRiver celebrates its 10 Year Anniversary.

2007 The Company introduces the DC100 hydrophilic coater and enters into a strategic partnership with SurModics.

2006 A partnership is formed with an investment firm, HKW, to support the continued growth of the company.

2003 OakRiver opens a new Design and Manufacturing Center.

2002 The Company integrates its first wire laser welding system for a medical device implant.

2001 The Company becomes ISO certified; engineering & business processes are established as building blocks for future growth.

1999 OakRiver was founded. Early offerings included automated assembly cells in support of medical device manufacturing.