Author: Ramona Adams|| Date Published: September 13, 2016
Hawthorne, California-based OSI Systems (Nasdaq: OSIS) has bought inspection systems provider American Science and Engineering for approximately $269 million, or $37.00 per share in cash.
The transaction adds AS&E’s screening technology platforms into OSI Systems’ portfolio of security offerings such as the Z Backscatter Van X-ray backscatter-based technology and the MINI Z portable backscatter-based inspection system, OSI Systems said Monday.
Deepak Chopra, chairman and CEO of OSI Systems, said the companies’ screening products are designed to support border, port, aviation and infrastructure security operations.
OSI Systems manufactures electronic systems and components for homeland security, healthcare, defense and aerospace industries.
Billerica, Massachusetts-based AS&E builds technology for screening of personnel, cargo and parcel.
Government IT services contractor Aretum has promoted Amy French, most recently chief accounting officer, to chief financial officer. Vienna, Virginia-based…
Shield AI has agreed to acquire simulation software company Aechelon Technology as part of efforts to expand its technological capabilities. The San Diego-based…
SentinelOne, a company specializing in artificial intelligence security, has promoted Barry Padgett to president and chief operating officer. The appointment takes effect…
Anduril Industries and Palantir Technologies are helping develop software for the potential $185 billion Golden Dome next-generation missile defense shield,…
Hawthorne, California-based OSI Systems (Nasdaq: OSIS) has bought inspection systems provider American Science and Engineering for approximately $269 million, or $37.00 per share in cash.
