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Feb 9th, 2012
L-3 completes acquisition of Kollmorgen Electro-Optical
L-3 Communications (NYSE: LLL) announced that it completed the acquisition of the Kollmorgen Electro-Optical unit of Danaher Corporation on February 6, 2012.
The acquired business will conduct business under the name of L-3 KEO. The company paid $210 million, subject to certain contractual adjustments to the purchase price. L-3 KEO develops and manufactures specialized equipment, including submarine photonics systems and periscopes, ship fire control systems, visual landing aids, ground electro-optical and sensor-cueing systems and is headquartered in Northampton, Mass.
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