Search Menu
Photonics Media Photonics Buyers' Guide Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook
More News

Thales Divests Noncore Operations

Facebook Twitter LinkedIn Email Comments
The international electronics and systems group Thales has sold its Thales High Tech Optics activities in the UK, the US, Singapore, Germany and Hungary to Candover, for approximately $264 million in cash. Candover, a private equity firm with offices in London and other European cities, will work with the management to identify acquisition and expansion opportunities. Regarded as nonstrategic for Thales, the businesses, which have a large customer base, supply precision optical components and modules for military and civil applications.

Through the divestment, Thales intends to strengthen its position as a large-systems integrator and as an equipment and services provider in defense and security.

Photonics Spectra
Dec 2005
Businessdefenselight speedModulesoptical componentsopticsThales High Tech Optics

back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2020 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x Subscribe to Photonics Spectra magazine - FREE!
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.