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BAE Systems to Acquire Fairchild Imaging

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ARLINGTON, Va., Jan. 26, 2011 — Global defense and security company BAE Systems has entered a definitive agreement to acquire Fairchild Imaging Inc., a privately held company that manufactures solid-state electronic imaging components, cameras and systems for aerospace, industrial, medical and scientific imaging applications. BAE Systems currently owns 8.7 percent of the equity of Fairchild Imaging. Upon completion of the acquisition for a cash consideration of approximately $86 million, it will acquire the remaining outstanding equity in the company. The acquisition will help BAE Systems to grow its electronic...Read full article

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    Published: January 2011
    aerospaceAmericasBAE SystemsBusinesscamerasdefenseelectro-imagingelectronic imaging componentsFairchild Imaging Inc.Imagingimaging camerasindustrialOasys Technologyscientific imagingsolid-state electronics

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