Smiths detects $15 million acquisition

Smiths Detection, a division of Smiths Group plc, has today extended the range of its detection technologies through the $15 million acquisition of Cyrano Sciences, Inc.

Smiths Detection, a division of the UK’s Smiths Group plc, has today extended the range of its detection technologies through the $15 million acquisition of California-based Cyrano Sciences, Inc.

Cyrano is an early stage technology company that has developed miniature sensors to detect and identify chemical vapours. The products will be used principally in the defence sector and in counter terrorism.

‘Having built Smiths Detection into a world-leading business in a growth market, it is important that we maintain the momentum by broadening the technology base,’ commented Keith Butler-Wheelhouse, chief executive of Smiths Group. ‘Cyrano has developed a widely admired technology and will benefit from Smiths Detection’s strong position with government, military and industrial customers worldwide.’

Cyrano has successfully developed miniature sensors using conductive polymer films deposited on a ceramic substrate. This next generation technology is said to complement Smiths Detection’s ion mobility spectrometry, the core technology currently employed in its range of trace detection products.

Cyrano has already been awarded a contract with the US Department of Defence and has recently been notified of allocations of a minimum $4.5 million from the US federal budget for further development work.