Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Sun., Apr. 28, 2:41 PM
Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.
Slide #79. Curtiss-Wright Flow Control Company — Ovalpath, Inc.
Acquirer: |
Curtiss-Wright Flow Control Company (NYSE:CW) |
Acquiree: |
Ovalpath, Inc. |
Details: |
Curtiss-Wright Flow Control Company (CWFC) announced today that it has acquired the assets of Ovalpath, Inc. for approximately $3 million in cash. Ovalpath, a start-up software company, has developed a proprietary software platform used in mobile-device based applications serving the commercial nuclear power market. These solutions significantly reduce the amount of time and effort needed to complete tasks within a nuclear power plant. |
Curtiss-Wright is an integrated business that provides products, solutions, and services mainly to aerospace and defense markets, as well as technologies in demanding commercial power, process, and industrial markets. Co. operates through various reportable segments, including: Aerospace and Industrial, which provides products and services, including industrial and specialty vehicle products, such as electronic throttle control devices, joysticks, and transmission shifters; Defense Electronics, which provides various products, including Commercial Off-the-Shelf embedded computing board-level modules, data acquisition and flight test instrumentation equipment, and integrated subsystems.
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April 28, 2024 2:41 PM Eastern
Strong Buy (3.60 out of 4)
63rd percentile
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