Home / M&A Activity / Thales to Acquire Gentex Corp. “Visionix” Business; Allan Cameron Comments

Thales to Acquire Gentex Corp. “Visionix” Business; Allan Cameron Comments

Thales (NYSE:HO) has signed a definitive agreement to acquire the helmet mounted display and motion tracking businesses of Gentex Corp.

“This acquisition is a strategic fit that complements Thales’ global portfolio of Helmet Mounted Sight and Display systems for rotary and fixed wing platforms, ” said Michel Mathieu, head of Thales’ Avionics Division.

The combined group, called “Visionix, ” designs, develops and delivers HMD, inertial tracking and sensor fusion technology for defense and aerospace applications and others that require precision motion tracking.

“Merging our HMD and motion tracking business with Thales…will accelerate our ability to develop more  market-defining products that fundamentally enhance our customers’ ability to perform their missions, ” said Pete Roney, Gentex executive vice president and general manager of Visionix.

Sold under the brand name “InterSense, ” Visionix’s motion tracking technology is integrated into its Scorpion™ Helmet Mounted Cueing System, which according to the company enables rapid deployment and affordable procurement.

“This new business dynamic enhances our ability to support warfighters by providing increased situational awareness in tough environments, ” said Allan Cameron, president and chief executive officer of Thales USA.

Operating as a subsidiary of Thales Communications Inc., Visionix will be managed by the same team in its existing locations in Aurora, Ill., and Billerica, Mass.

The acquisition is conditional upon receiving certain regulatory approvals, according to the Thales statement.

 

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