Close

Search

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

L-3 Communications Acquires IMC

Photonics.com
Nov 2002
NEW YORK, Nov. 22 -- L-3 Communications announced yesterday that on Nov. 8, it acquired International Microwave Corp. (IMC), a provider of wireless communications, network support systems, information technology, defense communications and surveillance systems.

The total value of the transaction is approximately $40 million in cash, with additional contingent consideration not to exceed $5 million and dependent on the financial performance of IMC in 2003. L-3 said it expects the acquisition to contribute approximately $50 million to its sales in 2003.

L-3 recently took an equity stake in Millivision, a millimeter wavelength imaging company.

For more information, visit: www.L-3Com.com


CommunicationsdefenseNews & Features

Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.