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Metrologic Buys Adaptive Optics Associates

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Under a $19 million stock purchase agreement, Metrologic Instruments Inc. of Blackwood, N.J., has acquired Adaptive Optics Associates Inc. of Cambridge, Mass., from Hartford, Conn.-based United Technologies Corp. Adaptive Optics will retain its name and operate as a wholly owned subsidiary. Metrologic produces bar-code scanners for retail and commercial applications as well as high-speed industrial scanning and information processing systems. Adaptive Optics designs and manufactures laser vision and delivery systems, and supporting technologies such as the WaveScope Shack-Hartmann...Read full article

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    Published: February 2001
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