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Business/Financial

Cobham Sells Surveillance Business To Private Equity Firm

By Cal Biesecker

Friday, January 29th, 2016

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Cobham Sells Surveillance Business To Private Equity Firm

Britain’s Cobham plc in January sold its surveillance business to Marlin Equity Partners for $10 million.The transaction closed on Jan. 14. The Surveillance Business (TSB) is dually headquartered in Florida and Britain and serves customers in countries worldwide.The Surveillance business includes video, audio, tagging, tracking and locating, advanced cellular monitoring and intercept products for customers that include intelligence agencies, national law enforcement organizations, special forces, critical infrastructure and broadcast markets.Dan Gelston will continue to lead The Surveillance Business as part…

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