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Essex to Acquire Adaptive Optics for $40M

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COLUMBIA, Md., Sept. 20, 2006 -- Essex Corp., a provider of advanced signal, image, information processing, information assurance and cyber-security solutions, primarily for government intelligence and defense customers, announced today it will acquire Adaptive Optics Associates Inc. (AOA) from Metrologic Instruments Inc. of Blackwood, N.J., for $40.2 million in cash. AOA is maker of high-performance electro-optic products and systems. The company has its headquarters in Cambridge, Mass., with other facilities in East Hartford, Conn., and Lancaster, Calif. AOA has approximately 175 employees, many of whom have high-level...Read full article

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