NEWARK, Calif., April 2 -- InVision Technologies Inc. announced today it has completed its acquisition of YXLON International Holding GmbH, an x-ray diffraction and nondestructive testing company in Hamburg, Germany. InVision acquired YXLON for 38.6 million euros in cash (about $41.7 million). It entered into a definitive agreement to acquire YXLON on February 27, and the acquisition closed on March 31.
InVision pay an additional 10 million euros if YXLON's XES 3000 or XES 3500 x-ray diffraction system is certified for explosives detection by the Transportation Security Administration by December 31.
InVision makes explosive detection systems-based advanced computed tomography technology for civil aviation security.
For more information, visit: www.invision-tech.com