Friday, August 30, 2013
Rockwell Collins to Sell Kaiser Optical
Rockwell Collins has reached a firm agreement to sell its spectrographic instrumentation subsidiary Kaiser Optical to Endress+Hauser for an undisclosed sum.
Rockwell Collins CEO Kelly Ortberg said the move will allow his company to focus on its core markets.
Kaiser Optical was first acquired by Rockwell Collins in 2000 as part of the purchase of K Systems, Inc., parent company of Kaiser Aerospace and Electronics. The Ann Arbor, Mich.-based subsidiary originally began producing holographic optics for Head-Up Displays (HUD), prior to entering the spectroscopy market in the 1990s, and also produces tools for pharmaceutical and chemical manufacturing, nanotechnology, deep-sea exploration and astronomy.
“With the acquisition of Kaiser Optical Systems, we are expanding our range in the field of advanced analytics for liquids, gases and solids. In addition, we are strengthening our optical technology and manufacturing competence,” said Klaus Endress, CEO of Endress+Hauser.
The sale is expected to be complete by early 2014, Rockwell said.