Raytheon Buying BBN Technologies
Raytheon Co. (NYSE: RTN) has agreed to acquire BBN Technologies Inc., a Cambridge, Mass.-based provider of R&D and solutions for national defense and security missions. No financial terms were disclosed for the deal, which is expected to close next quarter. Shareholders include Accel Partners, General Catalyst Partners and Commonwealth Capital Ventures.
1 September 2009•3 mins read
