BILLERICA, Mass.–(BUSINESS WIRE)–American Science & Engineering, Inc. (“AS&E”), a subsidiary of OSI Systems, Inc., today announced that it has acquired substantially all of the assets of Nucsafe, Inc., a leading developer of technologies in radiation monitoring and nuclear materials detection using, among other methods, gamma ray and neutron detection, as well as backscatter X-ray. Leading government agencies and industry rely on Nucsafe’s products and services for safety, security and non-destructive testing applications.
In acquiring Nucsafe, AS&E acquires a leading portfolio of radiation monitoring and nuclear detection technologies, Nucsafe’s management and development team headquartered in Oak Ridge, TN, and Nucsafe’s patent portfolio, which includes U.S. Patent 8,300,763, “Spatial Sequenced Backscatter Portal”, an important patent relating to the inspection of vehicles and other objects. The terms of the transaction were not disclosed.
About OSI Systems, Inc.
OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense, and aerospace industries. We combine more than 40 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets. For more information on OSI Systems or any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G
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Vice President, Business Development