EMCORE Reports Fiscal 2022 Third Quarter Results and Announces the Acquisition of the KVH FOG and Inertial Navigation Systems Business
EMCORE Corporation, a leading provider of advanced mixed-signal products that serve the aerospace and defense, communications, and sensing markets, announced results for the fiscal 2022 third quarter ended June 30, 2022 (3Q22) and that it acquired the Fiber Optic Gyroscope (FOG) and Inertial Navigation Systems business segment of KVH Industries, Inc. for approximately $55.0 million, subject to working capital adjustments, in an all-cash transaction.
By Inside GNSS