Cobham to Acquire RVision

By Tish Drake | December 6, 2010
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Cobham will pay $28 million to acquire RVision Inc., of San Diego, a provider of advanced electro-optical and infrared imaging systems, including ruggedised pan/tilt/zoom cameras, hardened processors and tactical video hardware. Additional cash consideration of up to US$20 million is payable between 2012 and 2014, contingent on future performance, Cobham said.

RVision, which has 40 employees in San Jose and San Diego, California, will become part of Cobham’s Surveillance Strategic Business Unit, within the Avionics and Surveillance Division. The acquisition of RVision is expected to complete around the end of 2010.

“We are very pleased that RVision is joining Cobham, as its distinctive electro-optical and infrared technologies will enable us to further develop our scaleable, modular and easily deployable integrated solutions, enhancing our position as a key technology solution provider in Surveillance markets,” said Andy Stevens, Cobham CEO.

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