EMCORE Corporation /
KVH Industries, Inc.
EMCORE purchases KVH inertial navigation assets
- Price
- $55.0m
- Stage
- Agreement signed
What happened
EMCORE Corporation paid approximately $55.0 million in cash for the assets KVH Industries, Inc. agreed to sell, primarily related to its inertial navigation segment. The transaction included KVH’s property interests in its Tinley Park facility.
The signing and closing occurred simultaneously on August 9, 2022, subject to certain working capital adjustments.
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EMCORE purchases KVH inertial navigation assets
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