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Moog Inc. acquired PRIZM AdvancedCommunications Electronics Inc. for $12 million in cash.

By Amarendra Bhushan for CEOWORLD Magazine Updated:November 21, 2007

Moog Inc. (NYSE:MOG.A and MOG.B) announced today that it has acquired PRIZM Advanced Communications Electronics Inc. for $12 million in cash. PRIZM, a Baltimore, Maryland based company, specializes in the design and manufacture of fiber optic and wireless video and data multiplexers used in commercial and military subsea markets for oil and gas exploration, terrestrial robotics and remote sensing applications. Sales for the past twelve months were $6.0 million.http://www.moog.com.

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