Aculight Acquired by Lockheed Martin

Lockheed Martin (NYSE: LMT) has announced it is buying Bothell, WA-based Aculight for an undisclosed sum. Aculight, a 15-year-old laser and optical technology company with about 90 employees, will report to the Maritime Systems & Sensors division of Lockheed Martin in Akron, OH. The deal is expected to close in the third quarter of this year.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and Editor of Xconomy Boston. E-mail him at gthuang [at] xconomy.com. Follow @gthuang

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