Ann Arbor's EOTECH Purchases California Night Vision Business for $100M
EOTECH, an optical technology company based in Ann Arbor, has acquired the photonics business of Intevac Inc. for $100 million.
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EOTECH, an optical technology company based in Ann Arbor, has acquired the photonics business of Intevac Inc. for $100 million.
Deal sees Eotech pay at least $70 million to acquire Intevac Photonics and its night-vision technology used by the US military.
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US gun sight maker EOTech has agreed to pay up to USD100 million to acquire Intevac's Photonics night-vision technology business, Intevac announced on 3 January. Based in Santa Clara, California, Intevac said the divestiture will allow it to...
EOTECH has acquired Intevac Inc’s Photonics business (Photonics), a California-based technology leader in cutting edge digital sensor systems.