M&A Deal Summary

Thales Acquires Visionix

On November 5, 2012, Thales acquired aerospace company Visionix from Gentex

Acquisition Highlights
  • This is Thales’ 2nd transaction in the Aerospace sector.
  • This is Thales’ 2nd transaction in the United States.
  • This is Thales’ 1st transaction in Illinois.

M&A Deal Summary
Date 2012-11-05
Target Visionix
Sector Aerospace
Buyer(s) Thales
Sellers(s) Gentex
Deal Type Divestiture

Target

Visionix

Aurora, Illinois, United States
Visionix, based in Aurora, Illinois, designs, develops, and delivers proprietary HMD systems as both a prime and subcontractor for aerospace and defense customers worldwide.

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Buyer(S) 1

Buyer

Thales

Meudon, France
Category Company
Founded 1893
Sector Safety/Security
Employees76,299
Revenue 18.4B EUR (2023)
DESCRIPTION
Entrance to a Thales facility in Irvine, California.
Entrance to a Thales facility in Irvine, California.

Thales is a provider of integrated solutions and equipment of security systems primarily to the aerospace and defense markets. Thales was founded in 1893 and is based in Meudon, France.

DEAL STATS #
Overall 7 of 21
Sector (Aerospace) 2 of 4
Type (Divestiture) 2 of 5
State (Illinois) 1 of 1
Country (United States) 2 of 6
Year (2012) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-05 InterSense

Billerica, Massachusetts, United States

InterSense develops inertial and hybrid motion tracking systems that enable highly precise human motion tracking for use in training and operational environments.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-09 Cohort - Systems Engineering & Assessment Limited

United States

Buy -

Seller(S) 1

SELLER

Gentex

Zeeland, Michigan, United States
Category Company
Founded 1974
Sector Automotive
Employees6,245
Revenue 2.3B USD (2023)
DESCRIPTION
Gentex's corporate headquarters in Zeeland, Michigan.
Gentex's corporate headquarters in Zeeland, Michigan.

Gentex is a supplier of automatic-dimming rearview mirrors and camera-based lighting-assist and driver-assist systems to the global automotive industry. The Company also provides commercial smoke alarms and signaling devices to the global fire protection market, as well as dimmable aircraft windows for the commercial, business and general aviation markets. Gentex was founded in 1974 and is based in Zeeland, Michigan.

DEAL STATS #
Overall 2 of 2
Sector (Aerospace) 1 of 1
Type (Divestiture) 2 of 2
State (Illinois) 1 of 1
Country (United States) 2 of 2
Year (2012) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-05 InterSense

Billerica, Massachusetts, United States

InterSense develops inertial and hybrid motion tracking systems that enable highly precise human motion tracking for use in training and operational environments.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-18 Johnson Controls - HomeLink Business

United States

HomeLink business was considered the marquee product line in the automotive electronics business.

Buy $700M
Mergr

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