Tag: CohuHD
Costar Technologies buys CohuHD for $10m cash
July 9, 2014Martha Entwistle
COPPELL, Texas—In the month since it closed a $10 million cash deal to buy CohuHD, Costar Technologies and CohuHD have closed three deals together.
“These are opportunities that we would not have had [as separate companies]. The products [of the two companies] are complementary but not competing,” Tom Kampfer, president of CohuHD Costar, told Security Systems News. “We don't need to reconcile sales teams or product lines, [tasks that can] create a distraction and be...
Costar Technologies to buy CohuHD
June 9, 2014SSN Staff
COPPELL, Texas—Costar Technologies on June 4 announced that it has signed a definitive agreement to acquire CohuHD, the cameraproducts and video solutions division of Cohu.
The purchase price for CohuHD, including potential earn-out payments, is expected to be $10 million in cash. The acquisition is structured as an asset purchase and is subject to customary closing conditions.
Costar is financing the transaction with proceeds from a new credit facility with Bank of Texas. The present CohuHD...