Electronic Products & Technology

COM DEV announces acquisition by Honeywell


Electronics CEL

COM DEV International Ltd., a manufacturer of space hardware subsystems, has announced that it has entered into a definitive arrangement agreement with a subsidiary of Honeywell International Inc. to acquire the equipment business of COM DEV representing an enterprise value of approximately $455 million, and the exactEarth Ltd. data services business will be spun out as a publicly traded company.


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