Rockwell Collins Inc. announced today that it has reached a definitive agreement to sell its Kaiser Optical Systems Inc.subsidiary to Endress+Hauser Inc., an Indiana-based instrumentation company. Terms of the agreement were not disclosed.
The divestiture is part of Rockwell Collins' strategy to focus on growth opportunities in its addressed markets, the company's president and CEO, Kelly Ortberg, said in a release. Kaiser Optical Systems, located in Ann Arbor, Mich., became a Rockwell Collins company in 2000 as part of the company's purchase of K Systems Inc., the parent company of Kaiser Aerospace and Electronics.
Kaiser Optical Systems' revenues represent less than 1 percent of Rockwell Collins' total revenues.