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

Axsys Technologies Acquires Cineflex

Photonics Spectra
Jul 2007
Axsys Technologies Inc. of Rocky Hill, Conn., has acquired substantially all of the assets of Cineflex LLC, a Grass Valley, Calif., manufacturer of precision gyro-stabilized aerial camera systems, for $27 million in cash. Additional cash consideration may be paid upon the attainment of certain revenue targets fixed largely over the next three years. The purchase is expected to enhance Axsys’ position as a supplier of surveillance systems to defense and national security customers. Cineflex’s multi-axis stabilization technology combined with Axsys’ optics and camera technologies will enable the development of military-grade airborne surveillance systems.

Axsys Technologies Inc.Businessdefensegyro-stabilized aerial camera systemslight speed

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,

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.