Endress+Hauser to purchase Kaiser Optical Systems
Strengthening its optical measurement technology and expanding in the field of advanced analytics for liquids, gases and solids
Endress+Hauser, a Swiss instrumentation and process automation company, is to purchase Kaiser Optical Systems in the US, a spectrographic instrumentation and applied holographic technology specialist, and a division of aviation electronics firm Rockwell Collins.
The terms of the agreement have not been disclosed. The sale is expected to be completed early in fiscal 2014.
Kaiser Optical Systems' main products include Raman sensors and instrumentation, advanced holographic components for spectroscopy, telecommunications, astronomy and ultra-fast sciences, and display systems for aircraft. The company's main offices and manufacturing are based in Ann Arbor, Michigan.
'With the acquisition of Kaiser Optical Systems we are expanding our range in the field of advanced analytics for liquids, gases and solids,' said Klaus Endress, CEO of the Endress+Hauser Group. 'In addition we are strengthening our optical measurement technology and manufacturing competence.'
Kelly Ortberg, President and CEO of Rockwell Collins, added: 'This transaction provides Kaiser Optical Systems with the resources and expertise better suited to the industries it serves, and helps Rockwell Collins keep its focus on strengthening the company's core communication and aviation electronics business for commercial and military customers.'
Endress emphasised the strategic dimension of the acquisition. 'The Raman technology expands our offering for customers in core industries,' he said. 'It plays an important role in many future key markets such as power and energy and biotechnology, as well as laboratory applications – a significant and growing business.'
