BAE Systems boosts expertise in cameras and electronic imaging with acquisition of Fairchild Imaging
ARLINGTON, Va., 23 Jan. 2011. BAE Systems Inc. in Arlington, Va., is seeking to expand its electronic systems business into cameras and other electronic imaging components with its acquisition of Fairchild Imaging Inc. in Milpitas, Calif. BAE Systems agreed Friday to acquire Fairchild Imaging for $86 million. Fairchild specializes in solid-state electronic imaging components, cameras, and systems for aerospace, industrial, medical, and scientific imaging applications.
"We look forward to becoming part of BAE Systems to further enable Fairchild Imaging to deliver our low-light scientific CMOS (sCMOS) imaging technology for the benefit of the soldier," says Fairchild Imaging President Charles Arduini. "The simultaneous low-light, wide dynamic range, high definition video of sCMOS will provide U.S. and NATO forces with the ability to see better than the enemy -- in both day and night conditions." Fairchild Imaging employs about 150 people.