PROVIDENCE – Textron Inc. subsidiary Textron Systems announced Wednesday it has acquired Crane Wireless Monitoring Solutions, a Richardson, Texas-based developer of wireless sensor networks. The financial terms of the acquisition were not disclosed.
A Crane Co. business, WMS provides wireless sensor products and remote monitoring services for commercial and government applications. The 25-person WMS team will become a part of Textron Defense Systems, operating under the Intelligence, Surveillance and Reconnaissance product line.
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Textron Defense Systems Senior Vice President and General Manager Mark Catizone said in a statement released by the company that WMS’s “extensive radio communications, wireless systems and signal processing expertise complement our ISR products. We see a growing market for networked sensors and believe the addition of WMS extends our portfolio offerings.”
Crane Co. manufactures highly engineered products in five business segments: aerospace and electronics, engineered materials, merchandising systems, fluid handling and controls. The company is headquartered in Stamford, Conn.
Additional information is available at Textron.com.
