Aculight Acquired by Lockheed Martin

Lockheed Martin (NYSE: LMT) has announced it is buying Bothell, WA-based Aculight for an undisclosed sum. Aculight, a 15-year-old laser and optical technology company with about 90 employees, will report to the Maritime Systems & Sensors division of Lockheed Martin in Akron, OH. The deal is expected to close in the third quarter of this year.

Gregory T. Huang is Xconomy's Editor in Chief. E-mail him at gthuang [at] xconomy.com. Follow @gthuang

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