MDA announces acquisition of Neptec Design Group
Submit on Tuesday, July 17th, 2018 22:58
MDA, a Maxar Technologies company (formerly MacDonald, Dettwiler and Associates Ltd.), announced it has acquired Neptec Design Group Ltd. (Neptec), an electro-optical and electro-mechanical systems and high-performance intelligent Light Detection and Ranging (LIDAR) company for C$42 million, comprised of approximately C$8 million in cash and the balance in Maxar common shares.
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