Saab to Divest Laser Rangefinder Business
June 2, 2022 | SaabEstimated reading time: Less than a minute
The transaction, which was signed in March 2021, was subject to a number of conditions, all of which now have been fulfilled. As part of the transaction, 27 Saab employees in Gothenburg will be affected and join the newly established subsidiary Lumibird Photonics Sweden AB. The divested operations had revenues of around EUR 10 million in 2021.
“The divestment is yet another stage in the increased focus on our core business and we are convinced that the laser business makes a good strategic fit within the Lumibird Group,” says Carl-Johan Bergholm, head of Saab’s business area Surveillance.
Suggested Items
Digitalisation and ESG
04/19/2024 | Marina Hornasek-Metzl, AT&SDigitalisation and ESG are prominent and high-priority topics in the global business community. The first focuses on applying technology throughout the value chain to produce faster, smarter, and more desirable business outcomes. The latter emphasises the broader value a business is expected to create for its stakeholders from an environmental, social, and governance perspective.
IPC Bestows Posthumous Hall of Fame Award to Industry Icon Michael Ford
04/18/2024 | IPCIPC honored the late Michael Ford, Aegis Software, for his extraordinary contributions to the global electronics manufacturing industry with the IPC Raymond E. Pritchard Hall of Fame Award at IPC APEX EXPO 2024. IPC’s most prestigious honor, the Hall of Fame Award is given to individuals who have provided exceptional service and advancement to IPC and the electronics industry. Ford, an industry leader and valued IPC volunteer, died suddenly in January 2024.
ZESTRON Welcomes Angela Marquez as Head of Business Unit, Latin America
04/17/2024 | ZESTRONZESTRON, the leading global provider of high-precision cleaning products, services, and training solutions in the electronics manufacturing and semiconductor industries, is delighted to announce Angela Marquez's appointment as the new Head of the Business Unit for Latin America.
Nano Dimension Refreshes Corporate Governance by Appointing Major General (Ret.) Eitan Ben-Eliahu to the Company’s Board of Directors
04/16/2024 | Nano DimensionNano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printing solutions, today announced that Major General (Ret.) Eitan Ben-Eliahu is joining its Board of Directors.
Dan’s Biz Bookshelf: Seeing the How
04/11/2024 | Dan Beaulieu -- Column: Dan's Biz BookshelfI might say this about a lot of books, but this one is a must-read. The author addresses a whole new way of doing business. It’s not like one day we woke up and there it was, a new way to get a ride (Uber), a new home away from home (Airbnb), a new way to get groceries (Instacart) and (DoorDash), and so on. The flood gates have opened, and there’s more to come.
Copyright © 2024 I-Connect007 | IPC Publishing Group Inc. All rights reserved.
Log in