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Curtiss-Wright acquires ACRA Control
[July 29, 2011]

Curtiss-Wright acquires ACRA Control

Jul 29, 2011 (Datamonitor Financial Deals Tracker via COMTEX) -- Curtiss-Wright Corporation (CWC) has acquired ACRA Control, Limited (ACRA), an Ireland-based supplier of data acquisition systems and networks, data recorders and telemetry ground stations for both defense and commercial aerospace markets, for approximately EUR42 million in cash.

CWC is a US-based manufacturer of engineered technologies that perform critical functions in defense, commercial aerospace, energy, and general industrial markets.

Pursuant to the acquisition, the business will operate within Curtiss-Wright's Motion Control segment.

Deal Value (US$ Million) 60.73 Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2011-07-28 Deal Participants Target (Company) ACRA Control, Limited Acquirer (Company) Curtiss-Wright Corporation Deal Rationale With ACRA's proprietary data acquisition technologies significantly broaden CWC's electronics and avionics portfolio and establishes it as a 'best-of-breed' supplier in the worldwide aircraft test and instrumentation market. The expertise and experience of ACRA provides CWC penetration into the global aircraft test and instrumentation market.

The combination of ACRA's customizable modular products, engineering expertise and advanced technologies along with CWC's current data recording and avionics solutions enables CWC to provide aerospace and defense customers with a fully integrated system featuring enhanced data acquisition capabilities, airborne ethernet data transmission and synchronization and wireless download of data to ground stations.

In addition, ACRA's advanced ethernet switch technology will enhance the value of CWC's system-level approach to C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) solutions. ACRA's skilled hardware and software engineering workforce will expand CWC's development capability with specialized skills in data acquisition, embedded recording, networking and analysis software.

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