Talon Precision Optics Announces Asset Purchase in Precision-Guided Firearms and Advanced Optics Technologies

Talon Precision Optics, LLC; a newly formed corporation headquartered in Jacksonville, Florida; announced the acquisition of all assets of TrackingPoint® Inc., the leader in precision-guided firearms solutions on November 28th.

Talon Precision Optics offers a full range of solutions to address the advanced optics and precision guided firearms requirements of defense and commercial markets worldwide. In addition, the acquisition optimizes operational, marketing, and technology synergies and creates a path toward integrating complementary technologies within the firearms industry.

The purchase contains key technology, trade secrets and all U.S. patents and patent applications TrackingPoint® developed in the advanced optics and precision-guided firearms space. These elements provide Talon Precision Optics with a comprehensive product portfolio and a presence in the high growth defense and commercial firearms technology markets.

"Over the last several years, TrackingPoint® has introduced some of the most innovative products to the commercial and military firearms market and has been instrumental in building the overall precision-guided firearms business case," said Charles Dublin, President of Talon Precision Optics. "This acquisition will provide the resources to expand the reach of TrackingPoint® technology portfolio and enable the continued development of its leading-edge products."

Source: Talon Precision Optics
Date: Dec 27, 2018