Sagem acquires optics specialist Optics 1 to bolster U.S. presence
Paris, December 2nd, 2009
Continuing its development in the United States, Sagem (Safran group), has finalized the acquisition of the company Optics 1, Inc., after receiving the necessary approvals from American authorities.
Optics 1 is specialized in opto-mechanics, electro-optics, and the design, production and integration of precision optical systems for the commercial and defense markets.
The acquisition, carried out through Sagem's Swiss subsidiary Vectronix AG, will enable Sagem to expand its business and develop a leadership position in the U.S. market, especially for defense applications. Sagem already operates in the U.S. optronics market via Vectronix, Inc*.
* Subsidiary of Vectronix AG
Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 6,700 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.
For more information: www.sagem-ds.com
Vectronix AG is a leading developer of precision systems, handheld equipment and modules for observation, detection, positioning and targeting. Leveraging core competencies in electro-optics, laser rangefinding, and north-finding technologies, Vectronix provides solutions for commercial, defense and law enforcement applications. Based in Heerbrugg, Switzerland, Vectronix AG is a subsidiary of Sagem (Safran group) and operates in the United States through Vectronix, Inc. in Leesburg, Virginia.
For more information: www.vectronix.com
Optics 1, specialized in optics, opto-mechanics and electro-optics, designs, develops and produces integrated systems and subsystems for the defense market in the United States and abroad. It also produces a range of commercial products for the medical, biotechnology and electronics industries. Optics 1 operations are based in Westlake Village, California and Manchester, New Hampshire.
For more information: www.optics1.com
Tel.: +33 (0)1 58 11 19 49
E-Mail : email@example.com