We are excited about our future with the Vitec Group and IMT, which brings an accelerated opportunity for greater innovations, new markets and global business growth.
London, UK (PRWEB) December 16, 2011
The Vitec Group plc (“Vitec”), the international provider of products and services for the broadcast, photographic, and MAG (military, aerospace and government) markets, completed the acquisition of Haigh-Farr Inc. ( “Haigh-Farr”), announced on September 30. The transaction received all necessary regulatory approvals.
The acquisition of Haigh-Farr, a leader in the conformal antenna industry, marks a pivotal step in Vitec’s strategy to expand its footprint in the U.S. and international MAG markets. Vitec’s Integrated Microwave Technologies (IMT), based in New Jersey, the U.S., provides mission critical microwave video systems to law enforcement, military services and government agencies.
“We are honoured to have such a highly regarded business in the Vitec MAG portfolio. Our combined solution offerings and innovative design capabilities will allow us to address the most challenging customer needs,” said Steve Shpock, Divisional Chief Executive, IMT.
“We are excited about our future with the Vitec Group and IMT, which brings an accelerated opportunity for greater innovations, new markets and global business growth,” said David Farr, President of Haigh-Farr.
About The Vitec Group
Vitec is an international Group principally serving customers in the broadcast, photographic and military, aerospace and government (MAG) markets. Listed on the London Stock Exchange with 2010 revenue of £310 million, Vitec is based on strong, well known, premium brands on which its customers worldwide rely. Vitec is organised in three divisions: Imaging & Staging, Videocom and Services.
Imaging & Staging designs, manufactures and distributes equipment and accessories for photography, video and events. Videocom designs and distributes systems and products used
in broadcasting and live entertainment, film and video production and MAG. Services provides equipment rental, workflow design and technical support for camera, video, audio, fibre optic and wireless technology used by TV production teams and film crews.
More information can be found at http://www.vitecgroup.com.
Haigh-Farr has an over 40 year history of designing and producing exceptionally rugged, high performance antennas. Based in Bedford, New Hampshire, Haigh-Farr is an ISO 9001:2008 certified manufacturing business with an international reputation for product and performance excellence. It pioneered the Wraparound™ antenna concept which has enhanced the performance capabilities of aircraft, missiles and spacecraft worldwide. The Company’s customers include a number of leading US prime government contractors.
More information can be found at http://www.haigh-farr.com
About Integrated Microwave Technologies, LLC
Integrated Microwave Technologies (IMT) is a Business Unit within the Vitec Group’s Videocom Division. IMT’s solid reputation as a trusted provider of mission-critical wireless video solutions has enabled the Company to obtain business with state and local police departments, NASA, the Department of Justice, the US Air Force as well as blue chip defence contractors. IMT is an ISO 9001:2008 certified organization and recipient of multiple industry awards for design and innovations.
More information can be found at http://www.imt-government.com