CEDAR RAPIDS, Iowa, 28 September 2006. Rockwell Collins Inc., maker of aviation electronics and communications solutions, has entered into a definitive agreement to acquire Anzus Inc. Anzus is a privately owned developer of software that enables high-speed tactical data link processing and sensor correlation for the U.S. Department of Defense as well as foreign governments.
"Anzus will enhance Rockwell Collins' Tactical Data Link Integration solutions, providing software applications that will augment our network-centric operations capabilities," says Rockwell Collins chairman, president, and CEO Clay Jones.
Pursuant to the terms of the agreement, Rockwell Collins is acquiring all outstanding shares of Anzus in a cash transaction. Approximately 50 Anzus employees will join Rockwell Collins. With annual revenues of approximately $12 million, the acquisition will not materially affect Rockwell Collins' earnings for the fiscal years ending September 30, 2006 and 2007.
Anzus Inc., founded in 1986, is a leading provider of military real-time data exchange, forwarding, display, and situational awareness software applications fielded throughout the U.S. military and in numerous allied and NATO countries. Headquartered in Poway, Calif., the company specializes in engineering, training, and technical services in the areas of command and control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR).
