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Thursday, December 3, 2009

Sagem Acquires U.S. Optics Manufacturer

France’s Sagem said it finalized the acquisition of optics manufacturer Optics 1, after receiving the necessary approvals from American authorities. Announced Dec. 2, the acquisition was carried out through Sagem’s Swiss subsidiary Vectronix AG, enabling Sagem to expand its footprint in the United States market, “especially for defense applications.”

Optics 1, with Commercial and Defense Systems divisions based in Westlake Village, Calif., and Manchester, N.H., respectively, specializes in optics and optical system design. Vectronix AG operates in the United States through Vectronix, Inc. in Leesburg, Va.