General Dynamics (GD) Buys OK Labs

September 10, 2012 5:56 PM EDT
General Dynamics (NYSE: GD) announced it has acquired Open Kernel Labs, Inc. (OK Labs), a Chicago-based leading provider of virtualization software for securing wireless communications, applications and content for mobile devices and automotive in-vehicle infotainment systems.

OK Labs' software is deployed on more than 1.6 billion government and commercial devices worldwide.

The value of the cash transaction has not been disclosed.


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