Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

  • Thales Divests Noncore Operations

Photonics Spectra
Dec 2005
The international electronics and systems group Thales has sold its Thales High Tech Optics activities in the UK, the US, Singapore, Germany and Hungary to Candover, for approximately $264 million in cash. Candover, a private equity firm with offices in London and other European cities, will work with the management to identify acquisition and expansion opportunities. Regarded as nonstrategic for Thales, the businesses, which have a large customer base, supply precision optical components and modules for military and civil applications.

Through the divestment, Thales intends to strengthen its position as a large-systems integrator and as an equipment and services provider in defense and security.

Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2016 Photonics Media
x Subscribe to Photonics Spectra magazine - FREE!