Rockwell Collins selling Kaiser Optical Systems to Endress+Hauser
NewsSeptember 04, 2013
CEDAR RAPIDS, IA. Rockwell Collins, Inc. is selling its subsidiary, Kaiser Optical Systems, Inc., which produces spectrographic instrumentation and applied holographic technology and is based in in Ann Arbor, MI, to Endress+Hauser. Terms of the agreement were undisclosed. The sale is expected to be completed by early fiscal 2014 and then is subject to customary closing conditions.
"This divestiture is part of an overall strategy to accelerate our focus on growth opportunities in our addressed markets,” says Rockwell Collins Chief Executive Officer and President Kelly Ortberg.
Kaiser Optical Systems became part of Rockwell Collins in 2000 as part of the company’s purchase of K Systems, Inc., the parent company of Kaiser Aerospace and Electronics. Principal products include Raman sensors and instrumentation, telecommunications, holographic components for spectroscopy, astronomy and ultra-fast sciences, and components for aircraft display systems. Their markets include include defense, nanotechnology, pharmaceutical and chemical manufacturing, education, and telecommunications.
“With the acquisition of Kaiser Optical Systems, we are expanding our range in the field of advanced analytics for liquids, gases and solids," says Endress+Hauser Chief Executive Officer Klaus Endress. "In addition, we are strengthening our optical technology and manufacturing competence. The Raman technology enlarges our offering for customers in core industries.”
Kaiser Optical Systems’ revenues are officially reported as part of Rockwell Collins Government Systems avionics business, and also represent less than one percent of the company's total revenue.
