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Business/Financial

BAE To Acquire Small U.S. Firm With Imaging, Analytics Capabilities

By Cal Biesecker

Thursday, July 31st, 2014

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BAE To Acquire Small U.S. Firm With Imaging, Analytics Capabilities

Signal Innovations Group's TASS real-time tracking capability allows for tracking over the full field of view. Photo: SIG

Britain’s BAE Systems on Thursday said it agreed to acquire Signal Innovations Group, Inc. (SIG), a provider of imaging technologies and analytics to the United States intelligence and defense markets. Terms of the deal were not disclosed. SIG, which was founded in 2004 and is based in North Carolina, has 35 employees. The acquisition is being made by BAE’s U.S.-based arm, BAE Systems, Inc., and will become part of the intelligence & security business. The deal is expected to close…

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