ARINC provides aviation related communications, engineering and integration services to commercial and government customers worldwide. The company’s products and services are used by pilots, operators, maintenance, passengers, controllers, regulators, security, and airport operations. In addition, ARINC provides communications and information processing for the rail, industrial security and public safety segments. The company is headquartered in Annapolis, MD (www.ARINC.com).
“Strategically, this acquisition is a natural fit for Rockwell Collins,” said Kelly Ortberg, Rockwell Collins Chief Executive Officer and President. “It accelerates our strategy to develop comprehensive information management solutions by building on our existing information-enabled products and systems and ARINC’s ground–based networks and services to further expand our opportunities beyond the aircraft.”
Rockwell Collins (NYSE: COL) provide communication and aviation electronics for both commercial and government applications. The company is headquartered in Cedar Rapids, IA (www.rockwellcollins.com).
The Carlyle Group invests in buyouts, growth capital, real estate and leveraged finance in Africa, Asia, Australia, Europe, North America and South America focusing on aerospace & defense, automotive & transportation, consumer & retail, energy & power, financial services, healthcare, industrial, infrastructure, technology & business services and telecommunications & media. The Carlyle Group employs 1,400 people in 34 offices across six continents and is based in Washington, DC (www.carlyle.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 8-13-13