Rockwell Collins Closes Buy

It takes Evans & Sutherland assets.
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Rockwell Collins

(COL)

completed the acquisition of the simulation assets of

Evans & Sutherland

(ESCC)

for $71.5 million in cash.

As part of the deal, the company will acquire Evans & Sutherland's military and commercial simulation assets and certain liabilities, including simulation facilities in Salt Lake City, Orlando, Fla., and the U.K. Rockwell Collins will also get exclusive rights to the Evans & Sutherland laser projector for simulation. The company will absorb around 200 former Evans & Sutherland employees.

"We are pleased to welcome Evans & Sutherland's simulation business to the Rockwell Collins family," the company said. "The highly realistic images provided by their hardware and software offerings, as well as the knowledge and expertise of these employees, will further broaden and enhance Rockwell Collins' simulation and training offerings."

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