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Textron Acquires Small Crane Co. Wireless Monitoring Unit

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By Calvin Biesecker Textron [TXT] yesterday said its Textron Systems division has acquired a small business unit from Crane Co. [CR] that designs and builds wireless monitoring systems, including an unattended ground sensor (UGS) product and remote monitoring system, that complements its existing line of urban and tactical UGS. Terms of the deal were not disclosed, although spokesmen for both companies said it would be immaterial to their respective financial results. Texas-based Crane Wireless Monitoring Solutions (WMS) has 25 employees.…

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