Thales to Acquire the Helmet Mounted Display and Motion Tracking Businesses of Gentex Corp.

PR Newswire/Les Echos/ 
Thales to Acquire the Helmet Mounted Display and Motion Tracking Businesses
of Gentex Corp. 
Arlington, VA - November 5th, 2012 - Thales announced that it has signed a
definitive agreement  to acquire the Helmet Mounted Display (HMD) and motion
tracking businesses from Gentex Corporation. Called "Visionix," the combined
group designs, develops and delivers HMD, inertial tracking and sensor fusion
technology for defense and aerospace applications, along with others that
require precision motion tracking, to customers worldwide. Visionix operates
from locations in Aurora, Illinois and Billerica, Massachusetts. 
The acquisition of Visionix will give Thales the ability to offer highly 
capable HMD technology amidst rigorous budget constraints within the market. 
Visionix' motion tracking technology (sold under the brand name "InterSense") 
integrated into its Scorpion(TM) Helmet Mounted Cueing System provides an 
optimal solution of choice for pilots and integrators that allows for rapid 
deployment as well as affordable procurement and life cycle costs. 
"This acquisition is a strategic fit that complements Thales' global portfolio
of Helmet Mounted Sight and Display systems for rotary and fixed wing 
platforms. We will greatly benefit from these innovative and proven Visionix 
product offerings," said Michel Mathieu, head of Thales' Avionics Division. 
"This new business dynamic enhances our ability to support warfighters by
providing increased situational awareness in tough environments," said Allan
Cameron, President and CEO of Thales USA. "This acquisition will help us to
achieve our ambition of growth in the US defense market," he added. 
Visionix will operate as a subsidiary of Thales Communications, Inc., a Thales
USA company that operates under a proxy agreement with the U.S. Department 
of Defense. The business will maintain both of its existing locations with the
current management team remaining in place. The acquisition is conditional 
upon receiving certain regulatory approvals. 
"Visionix is a global provider and partner of choice for industry leading
situational awareness products. Merging our HMD and motion tracking business
with Thales, a proven leader in the global defense and aerospace markets, will
accelerate our ability to develop more  market-defining products that
fundamentally enhance our customers' ability to perform their missions," said
Pete Roney, Gentex Executive Vice President and General Manager of Visionix. 
About Thales 
Thales is a global technology leader in the Defense & Security and the 
Aerospace & Transport  markets.  In 2011,  the company  generated  revenues  
of $18.3 billion (equivalent of EUR13.1 billion) with 67,000 employeesin 56 
countries. With its 22,500 engineers and researchers, Thales has a unique 
capability to design, develop and deploy equipment,  systems  and services  
that meet  the most  complex  security requirements. Thales has an exceptional 
international footprint, with operations around the world working with 
customers as local partners. 
                              # # # 
Press contacts: 
Alexandre Perra
Head of Media Relations
Phone: +
Patricia Sanders
Vice President, Communications
Thales USA, Inc. Phone: 703-838-5678
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-0- Nov/06/2012 08:18 GMT
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