ITT Exelis acquires Applied Kilovolts
ITT Exelis has acquired Sussex based firm Applied Kilovolts in a bid to expand its offering of image chain solutions in the medical and scientific instrumentation market.
Applied Kilovolts, which posted 2011 revenues of around £8million, produces high voltage power supplies for global analytical instrumentation customers under the brand names Applied Kilovolts and Brandenburg. Exelis will continue to market products under those brand names.
Ron Gordon, general manager of Exelis' power solutions business, said: "The acquisition of Applied Kilovolts extends our technical capability, global presence and customer base.
"We believe this company and its employees are an excellent fit with the Exelis organisation and will complement our current position as a technology leader and supplier to the commercial analytical instrumentation market."