Search
Menu
AdTech Ceramics - Ceramic Packages 1-24 LB

Honeywell to Acquire Optical Gyro Specialist Civitanavi Systems

Facebook X LinkedIn Email
CHARLOTTE, N.C., April 4, 2024 — Honeywell intends to acquire Civitanavi Systems, a provider of position navigation and timing technology for the aerospace, defense, and industrial markets. Honeywell will initiate a voluntary tender offer to acquire all outstanding shares, a transaction worth approximately €200 million ($217.4 million) at closing. The acquisition will strengthen Honeywell's capabilities in autonomous operations in aircraft and other vehicles. Civitanavi, like Honeywell, has a history of developing inertial navigation solutions. These solutions are used to track the position and orientation of a...Read full article

Related content from Photonics Media



    Articles


    Products


    Photonics Handbook Articles


    White Papers


    Webinars


    Photonics Dictionary Terms


    Media


    Photonics Buyers' Guide Categories


    Companies
    Published: April 2024
    Businessacquisitionmergersmergers and acquisitionsautonomous navigationfiber optic gyroCivitanavi SystemsHoneywellHoneywell Aerospace TechnologiesAmericas

    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.