New York, July 31 (FinanceEnquiry.com) – Max-Viz Inc has been acquired by Astronics Corporation (NASDAQ: ATRO)
Max-Viz Inc is a privately held company and is a market leading developer and designer of Enhanced Vision Systems for fixed and rotary wing aircraft through OEM and after market channels both in general aviation, commercial and military aerospace markets for worth $10 million in cash.
If Max Viz achieves certain revenues targets in 2013, 2014 and 2015, ATRO will pay around $8.0 million for additional purchase consideration.
Max Viz was founded in 2001 in Portland, OR and had revenues of $5.4 million and back log of $3.0 million at the end of 2011 and is estimating 2012 full year revenue in the range of $7.0 million to $8.0 million.
Max Viz’s EVS product product line fuses infrared and visible imagery in order to allow real time display to pilots for increased visibility in adverse weather conditions like darkness, precipitation, fog, dust and smoke.
New York, May 24 (FinanceEnquiry.com) – The economic statistics unleashed on May 23 signified solid vocation expansion and gave more indications that housing is getting better. Being a level constant with steady...
New York, May 23 (FinanceEnquiry.com) – Spice mobile phones are good enough to have because of a few but important reasons and these are its availability in cost effective rates,...
New York, May 22 (FinanceEnquiry.com) – Subsequent to a constructive lead from Wall Street, Asian stocks climbed on May 22, with Nikkei of Japan arriving at a new five and- a- half year high and...
New York, May 21 (FinanceEnquiry.com) – Corn slipped for another day as soon as US planters stepped up planting on warmer climate, improving cheerfulness that output in the largest producer will arrive at a...
New York, May 20 (FinanceEnquiry.com) – Since investors remained on the sidelines prior to the viewpoint of US Federal Reserve chairman on the economy afterward in the week, due to this, crude oil futures...
New York, May 17 (FinanceEnquiry.com) – In a bit previous, pre-market activity on May 17, the Wall Street stock futures were on the boom.
Detailing it, by 0.21 percent, the Dow Jones industrial...
New York, May 16 (FinanceEnquiry.com) – Indicating enhanced sales trends at some stage in the spring selling period and the sturdiest stance for sales over the coming six months in more than six...
New York, May 15 (FinanceEnquiry.com) – On apprehensions on the subject of increasing supplies from the United States and an austere stance for worldwide demand expansion, Brent futures fell towards $102 per barrel...
New York, May 14 (FinanceEnquiry.com) – On May 14, European stocks are probable to start higher, at the side of feebler government bonds, as soon as US retail sales statistics came above anticipations...
New York, May 13 (FinanceEnquiry.com) – Pulling Asian shares lower, oil and gold costs slipped on the very first day of this week seeing that the dollar fortified, even though on the back of the yen's fall to...
