Astronics Buys IFE Specialist Telefonix for $104M

Astronics has signed a definitive agreement to acquire “substantially all” of the assets of inflight entertainment (IFE) specialist Telefonix and a related company, Product Development Technologies, for about $104 million in cash, the aerospace technologies provider said Oct. 27. East Aurora, New...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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