Cantronic Systems sells North American thermal imaging business to Skytech Systems - MarketLine Financial Deals

Cantronic Systems sells North American thermal imaging business to Skytech Systems

Cantronic Systems sells North American thermal imaging business to Skytech Systems - MarketLine Financial Deals
Cantronic Systems sells North American thermal imaging business to Skytech Systems
Published Apr 29, 2011
2 pages — Published Apr 29, 2011
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Brief Excerpt:

...Cantronic Systems, Inc., a designer, manufacturer and marketer of infrared thermal imaging and CCTV camera systems, has completed the sale of its North American Business, comprising the thermal imaging business located in Coquitlam, British Columbia, to Skytech Systems, Inc. All the entities involved in the transaction are based in Canada. Announcement (March 29, 2011): Cantronic Systems has entered into a definitive agreement to sell its North American Business, comprising the thermal imaging business located in Coquitlam, British Columbia, to Skytech Systems. In addition, Cantronic has also agreed to sell its US subsidiary QWIP Technologies, Inc., which holds a worldwide, exclusive license from the California Institute of Technology to produce and sell infrared detectors and sensors based on Caltech s Quantum Well Infrared Photodetector technology. The total transaction is valued at approximately CAD5.7 million ($5.82 million) subject to post-closing adjustments, reflecting a purchase...

  
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MA56638_110401
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MLA:
MarketLine Financial Deals. "Cantronic Systems sells North American thermal imaging business to Skytech Systems" Apr 29, 2011. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Cantronic-Systems-sells-North-American-thermal-imaging-business-to-Skytech-Systems-2052-58483>
  
APA:
MarketLine Financial Deals. (2011). Cantronic Systems sells North American thermal imaging business to Skytech Systems Apr 29, 2011. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Cantronic-Systems-sells-North-American-thermal-imaging-business-to-Skytech-Systems-2052-58483>
  
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