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Sparton subsidiary acquires assets of of Aydin Displays

Sparton (SPA) announces that its wholly owned subsidiary, Sparton Aydin has entered into a definitive purchase agreement to acquire certain assets and liabilities of Aydin Displays an $18M revenue business, in an all-cash transaction. Aydin Displays, a subsidiary of Video Display (VIDE), located in Birdsboro, Pennsylvania, develops enhanced flat panel display and touch-screen solutions with application-critical performance criteria including ruggedization, high resolution, color accuracy, response/refresh times, sunlight readability and other criteria such as magnetic interference and noise/TEMPEST emissions for the Military & Aerospace and Civil Marine.