Rockwell Collins to buy Anzus

In a move to bolster its network-centric operations capabilities, aviation and communication electronics manufacturer Rockwell Collins Inc. will buy software developer Anzus Inc.

Anzus of Poway, Calif., develops software that allows high-speed, tactical, data-link processing and sensor correlation for the Defense Department and foreign governments.

Terms of the agreement call for Rockwell Collins to buy all outstanding shares of Anzus in an all-cash transaction. The company declined to disclose the value of the acquisition, but Anzus has about $12 million in annual revenue.

About 50 Anzus employees will join Rockwell Collins, the company said.

The Anzus acquisition will not materially affect Rockwell Collins' earnings for fiscals 2006 and 2007, the company said.

Founded in 1986, Anzus provides real-time data exchange, forwarding, display and situational awareness software applications to the U.S. military and to numerous American allies. The company specializes in engineering, training and technical services in command and control, communications, computers, intelligence, surveillance and reconnaissance.

Rockwell Collins has about 17,000 employees and had annual revenue of $3.5 billion in fiscal 2005. The company also ranks No. 25 on Washington Technology's 2006 Top 100 list of federal prime contractors.