Newsletter Subscription


Friday, July 28, 2017


OSI Systems Completes Acquisition of ETD Business

OSI Systems, Inc. (NASDAQ: OSIS) (the “Company”) today announced that it has completed its previously announced acquisition of the former Morpho global explosive trace detection (ETD) business from Smiths Group plc for $75.5 million in cash, subject to a net working capital adjustment.

Deepak Chopra, the Company’s Chairman and Chief Executive Officer, said, “We are pleased to complete our acquisition of the ETD business. This business is an excellent strategic fit consistent with our expansion strategy enabling us to continue to provide compelling value and service to our customers worldwide.”


Source : OSI Systems, Inc. - view original press release

Published on ASDNews: Jul 10, 2017

 

UAV Technology Central and Eastern Europe Conference

Sep 27 - 28, 2017 - Praha 6, Czech Republic

Register More info


Integrated Air & Missile Defense Conference

Sep 27 - 29, 2017 - Washington, United States

Register More info


© 2004-2017 • ASDNews • be the first to know • contact usterms & conditionsprivacy policyadvertisingfaqs

zpsk