Astronics Buys Max-Viz for $10M

AINalerts » August 7, 2012
August 7, 2012, 3:47 PM

Astronics acquired Portland, Ore.-based Max-Viz, a developer and designer of enhanced vision systems for fixed- and rotary-wing aircraft, for $10 million in cash last week. The ultimate price could rise to $18 million, if certain revenue targets are met over the next three years. Max-Viz enhanced vision systems are certified for installation on more than 20 business aircraft types, as well as more than a dozen turbine helicopters. The company also holds similar certifications for multiple piston aircraft.

FILED UNDER: 
Share this...

Please Register

In order to leave comments you will now need to be a registered user. This change in policy is to protect our site from an increased number of spam comments. Additionally, in the near future you will be able to better manage your AIN subscriptions via this registration system. If you already have an account, click here to log in. Otherwise, click here to register.

 
X