Industry Headlines / Vision & Sensors

Fairchild Imaging to be Acquired by BAE Systems

January 31, 2011
/ Print / Reprints /
ShareMore
/ Text Size+

BAE Systems (Arlington, VA) has entered into a definitive agreement to acquire Fairchild Imaging Inc. (Milpitas, CA), a company specializing in solid-state electronic imaging components, cameras, and systems for aerospace, industrial, medical and scientific imaging applications. BAE Systems currently owns 8.7% of the equity of Fairchild Imaging and, upon completion of the acquisition for a cash consideration of approximately $86 million, will have acquired all of the remaining outstanding equity.

"The addition of Fairchild Imaging's advanced electronic imagery technology will support enhanced night vision capability for both airborne and land forces applications. It also progresses BAE Systems' focus on providing our customers with higher quality image solutions with lower size, weight and power characteristics, helping soldiers to complete their missions more safely and effectively," says Linda Hudson, president and CEO of BAE Systems.

"We look forward to becoming part of BAE Systems to further enable Fairchild Imaging to deliver our low-light scientific CMOS (sCMOS) imaging technology for the benefit of the soldier,” says Fairchild Imaging president Charles Arduini. “The simultaneous low-light, wide-dynamic-range, high-definition video of sCMOS will provide US and NATO forces with the ability to see better than the enemy -- in both day and night conditions."

Upon successful closing of the acquisition, Fairchild Imaging’s staff in Milpitas will become part of BAE Systems' Electronic Solutions sector, headquartered in Nashua, NH.

The proposed acquisition of Fairchild Imaging follows BAE Systems' acquisition of OASYS Technology in 2010. OASYS Technology specializes in the design and manufacture of electro-optical systems and subassemblies for aerospace, defense, industrial and commercial markets.

The acquisition is conditional, among other things, upon receiving certain regulatory approvals and is expected to close in the first half of 2011.

Did you enjoy this article? Click here to subscribe to Quality Magazine. 

You must login or register in order to post a comment.

Multimedia

Videos

Podcasts

 In honor of World Quality Month, we spoke to James Rooney, ASQ Past Chairman of the Board of Directors 2013, for his take on quality around the world.
For more information, read the ASQ Speaking of Quality column.
More Podcasts

THE MAGAZINE

Quality Magazine

cover_image

2014 April

Check out the April 2014 edition of Quality Magazine for features!
Table Of Contents Subscribe

Manufacturing Process

Has/does news about a manufacturers’ recall (like the GM recall in the news now) cause you or your company to reexamine its manufacturing process?
View Results Poll Archive

Clear Seas Research

qcast_ClearSeas_logo.gifWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

eNewsletters

STAY CONNECTED

facebook_40.png twitter_40px.png  youtube_40px.pnglinkedin_40px.png