Applied Research Associates Acquires Neya Systems LLC

May 3, 2017

Applied Research Associates, Inc. (ARA) has acquired Neya Systems LLC, a developer of unmanned ground systems autonomy and perception technologies. The acquisition combines Neya's expertise in autonomy and computer vision with ARA's experience in robotics hardware and systems to expand ARA's unmanned and robotic systems capabilities for defense, homeland security, and commercial markets; terms were not disclosed.

Buyers
Applied Research Associates, Inc.
Targets
Neya Systems LLC
Location
Pennsylvania, United States
Transaction Type
Buyout

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