Aculight Acquired by Lockheed Martin

7/29/08Follow @gthuang

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 the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com. Follow @gthuang

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