L-3 Communications (LLL) Completes Acquisition of Danaher (DHR) Unit for $210 Million
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L-3 Communications (NYSE: LLL) completed the acquisition of the Kollmorgen Electro-Optical unit of Danaher Corporation (NYSE: DHR) on February 6, 2012. The acquired business will conduct business under the name of L-3 KEO. The company paid $210 million, subject to certain contractual adjustments to the purchase price. L-3 KEO develops and manufactures specialized equipment, including submarine photonics systems and periscopes, ship fire control systems, visual landing aids, ground electro-optical and sensor-cueing systems and is headquartered in Northampton, Mass.
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