M&A Deal Summary

OSI Systems Acquires OSI LaserScan

On November 20, 2003, OSI Systems acquired electrical equipment company OSI LaserScan from Schwartz Electro-Optics for 2M USD

Acquisition Highlights
  • This is OSI Systems’ 1st transaction in the Electrical Equipment sector.
  • This is OSI Systems’ 4th largest (disclosed) transaction.
  • This is OSI Systems’ 3rd transaction in the United States.
  • This is OSI Systems’ 3rd transaction in California.

M&A Deal Summary
Date 2003-11-20
Target OSI LaserScan
Sector Electrical Equipment
Buyer(s) OSI Systems
Sellers(s) Schwartz Electro-Optics
Deal Type Divestiture
Deal Value 2M USD

Target

OSI LaserScan

Hawthorne, California, United States
website
OSI LaserScan was formed as a following OSI's acquisition of the Sensor Business Unit of Schwartz Electro-Optics. OSI LaserScan produces laser scanner systems for worldwide commercial use.

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Buyer(S) 1

Buyer

OSI Systems

Hawthorne, California, United States

website

Category Company
Founded 1987
Sector Electronics
Employees6,758
Revenue 1.2B USD (2022)
DESCRIPTION
OSI Systems' headquarters in Hawthorne, California.
OSI Systems' headquarters in Hawthorne, California.

OSI Systems is an integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense and aerospace industries. OSI Systems was founded in 1987 and is based in Hawthorne, California.

DEAL STATS #
Overall 3 of 9
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 2
State (California) 3 of 4
Country (United States) 3 of 7
Year (2003) 1 of 1
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-07-01 Centro Vision

Newbury Park, California, United States

Centro Vision, Inc. is an opto-electronic subsystems designer and manufacturer.

Buy $1M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-07 Advanced Research and Applications

United States

ARACOR is a developer and manufacture x-ray test and inspection systems for industrial nondestructive evaluation and process control applications; manufactures cargo inspection systems; and provides research services in related areas.

Buy -

Seller(S) 1

SELLER

Schwartz Electro-Optics

Orlando, Florida, United States
Category Company
Sector Electrical Equipment
DESCRIPTION

Schwartz Electro-Optics, Inc. (SEO) is a design and manufacture of solid-state lasers. SEO produces a variety of laser systems for the commercial and government markets worldwide. Previous product lines included laser-based weapon simulation systems, laser sensors for traffic management, precision farming and art conservation. In addition, SEO was engaged annually in government and privately funded research and product development projects

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2003) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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