US: HGH Infrared Systems, the American subsidiary of HGH Systemes Infrarouges (HGH), based in Boston, Massachusetts, has just acquired Electro Optical Industries (EOI), based in Santa Barbara, in California. The new entity will be named Electro Optical Industries Inc.
EOI, a pioneer of electro-optical test instruments, has been a provider of infrared, visible and ultra violet testing and calibration equipment since 1964.
Commenting on the transaction, Thierry Campos, President of the newly formed Electro Optical Industries Inc said, “This merger will greatly enhance our development and manufacturing capabilities in the USA. It will also significantly extend our product line and service offerings to the benefit of our customers worldwide. We are very excited by this historic move which will add to our rapid expansion and will position our group as a world leader in infrared instruments and wide area surveillance systems.”