Rockwell Collins (NYSE: COL) will sell its Kaiser Optical Systems subsidiary, a holographic and spectrographic instrumentation maker, to Endress+Hauser for an undisclosed amount.
The acquisition is expected to close in early fiscal 2014 and the subsidiary represents represent less than one percent of Rockwell Collins’ total revenue, Rockwell Collins announced Aug. 30.
“This divestiture is part of an overall strategy to accelerate our focus on growth opportunities in our addressed markets, ” said Kelly Ortberg, Rockwell Collins CEO and President.
“Kaiser Optical also benefits by joining an organization that concentrates on the primary industries it serves, ” Orberg added.
“Kaiser Optical also benefits by joining an organization that concentrates on the primary industries it serves, ” Ortberg added.
Ann Arbor, Mich.-based Kaiser Optical Systems joined Rockwell Collins in 2000 as part of the latter company’s purchase of K. Systems Inc.
Kaiser Optical Systems’ Raman sensors and instrumentation products are used in the education, nanotechnology, defense, telecommunications, pharmaceutical and chemical manufacturing industries.
