Polaroid Sells Commercial Optics Div.

Polaroid Corp. of Waltham, Mass., has sold its Commercial Optics Div. in Norwood, Mass., to Precision Optical Systems Inc. As part of the transaction, Polaroid will maintain a minority equity interest in the privately held Precision Optical, which will continue to produce lenses, mirrors and plastic optical components for other companies from the Norwood facility under a long-term lease with Polaroid.





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