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OSI Systems Acquires Weapons Simulation Unit

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HAWTHORNE, Calif., Sept. 23 --OSI Systems Inc., a maker of optoelectronic-based components and systems, announced today it has closed its acquisition of the weapons simulation business of Schwartz Electro-Optics Inc. (SEO) for $3.6 million in cash. SEO is an Orlando, Fla.-based designer and manufacturer of laser systems for the commercial and government markets. OSI Systems acquired, through an asset purchase, SEO's laser-based weapon simulation systems business, including all associated technologies and intellectual property rights. The business's customers have included the Department of...Read full article

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    Published: September 2003
    defenseindustriallaser systemsNews & FeaturesOSI Defense SystemsOSI SystemsSchwartz Electro-Optics Inc.weapons simulation

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