Mirion Technologies Acquires Critical Infrastructure Business of Collins Aerospace
August 09 2022 - 8:00AM
Business Wire
Mirion Technologies acquires Critical
Infrastructure business of Collins Aerospace to expand capabilities
in software, cybersecurity
Mirion Technologies, Inc. (NYSE: MIR) (“Mirion”), a leading
provider of comprehensive systems that detect and monitor radiation
in medical, industrial and defense end markets, today announced the
acquisition of the Critical Infrastructure (CI) business of Collins
Aerospace (through ARINC Incorporated, a subsidiary of Collins
Aerospace) is now complete, and the CI business will integrate
under the Mirion brand as Secure Integrated Solutions (SIS).
Operating out of Carrollton, TX and Pittsburgh, PA, the CI
business specializes in command-and-control software solutions for
nuclear power plants and government facilities to protect their
systems against cybersecurity threats or compromises. The CI team
brings significant depth of talent in software development that is
closely aligned with Mirion’s offerings. The CI business will be
pivotal in accelerating the software platform consolidation and
digital roadmap execution for the Mirion Industrial Group.
“We look forward to welcoming the employees of the CI business
to the Mirion team. They have built a leading position in the
commercial nuclear power security software market, which should
enhance our ability to offer broader digital solutions to our
industrial customers,” said Mirion Technologies CEO Thomas
Logan.
Forward-Looking Statements This press release contains
forward-looking statements within the meaning of Section 21E of the
Securities Exchange Act of 1934. Words such as “anticipate,”
“believe,” “continue,” “could,” “estimate,” “expect,” “hope,”
“intend,” “may,” “might,” “should,” “would,” “will,” “understand”
and similar words are intended to identify forward looking
statements. These forward-looking statements include, but are not
limited to, statements regarding the acquisition of the Critical
Infrastructure business and Mirion’s ability to offer digital
solutions to its customers. There are a significant number of
factors that could cause actual results to differ materially from
statements made in this press release, including those described
under the captions “Risk Factors” and “Management’s Discussion and
Analysis of Financial Condition and Results of Operations” set
forth in filings and reports we make from time to time with the
Securities and Exchange Commission, including our most recent
Annual Report on Form 10-K and Quarterly Report on Form 10-Q.
You should not rely on these forward-looking statements, as
actual outcomes and results may differ materially from those
contemplated by these forward-looking statements as a result of
such risks and uncertainties. All forward-looking statements in
this press release are based on information available to us as of
the date hereof, and we do not assume any obligation to update the
forward-looking statements provided to reflect events that occur or
circumstances that exist after the date on which they were
made.
About Mirion Mirion Technologies, Inc. (NYSE: MIR)
(“Mirion”) is a leading provider of detection, measurement,
analysis and monitoring solutions to the nuclear, defense, medical
and research end markets. The organization aims to harness its
unrivaled knowledge of ionizing radiation for the greater good of
humanity. Headquartered in Atlanta (GA – USA), Mirion employs
around 2,600 people and operates in 13 countries. For more
information, and for the latest news and content from Mirion,
www.mirion.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220809005003/en/
For investor inquiries: Jerry Estes, Manager, Investor
Relations ir@mirion.com
For media inquiries: Matthew Maddox, VP of Marketing
mmaddox@mirion.com
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