Lumibird to acquire Saab's €10 million laser rangefinder business...
04 Mar 2021 ...while Active Silicon is acquired by fellow UK company Solid State for £6.3 million. Saabâs Vidar (2018) is designed for harsh environments.Lumibird, a developer of diverse laser technologies, has signed an agreement with the Swedish company Saab to acquire its defense laser rangefinder business. This acquisition will contribute to consolidating the Lumibird Groupâs position on the European defense market. Saabâs defense laser rangefinder business, based in Gothenburg, represents over â¬10 million of revenues based on the year ended December 31, 2020. Ass...
Source: optics.org