United Kingdom-based Cobham plc said it has reached agreement to acquire the share capital of the U.S. privately-owned RVision Inc. for $28 million payable in cash on completion. Additional cash consideration of up to $20 million is payable between 2012 and 2014, contingent on future performance. Cobham continues to expand its reach in the United States after such recent acquisitions as SPARTA Inc. and ADG Microwave Systems unit in 2008, and Argotek Inc. in 2009 (Defense Daily, Jan. 17, Aug.…
Cobham To Acquire RVision For Up To $48 Million
SHARE: