Wednesday, October 19, 2011

Irvine Sensors To Sell Thermal Imaging Business

Costa Mesa-based Irvine Sensors, a developer of a wide variety of electronics, software, defense, and other products, said Tuesday that it is in a definitive agreement to sell its thermal imaging business unit. Irvine Sensors said it is selling the business to Vetronic, Inc., a subsidiary of Vectronix A.G., which is owned by Sagem. Financial details of the cash deal were not disclosed.