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
- Industry
- Aerospace & Defense
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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