Citidal Partners LLC, a privately held Detroit based company, has announced today that it has acquired Lexel Imaging Systems Inc.
Lexel Imaging Systems Inc. is a world-class manufacturer of special purpose cathode ray tubes, direct view storage tubes, displays, and phosphor coated substrates. Lexel Imaging Systems Inc. was previously a subsidiary of the publicly traded companies Video Display Corporation and Hughes Aircraft Corporation.
"Citidal Partners LLC is thrilled to be providing the resources for Lexel to develop groundbreaking technologies in the aerospace and transportation markets," said Matt Pavlovich, President of New Business Development for Lexel Imaging Systems. "We are confident that Lexel's manufacturing expertise, as well as their established customer base in these markets, will allow for quick commercialization of these new technologies."
Lexel produces in-flight video display systems for the aerospace industry nationally and internationally. The systems are in the cockpits of every major aircraft produced throughout the world over the past 20 years.
Lexel's customers include Boeing, Raytheon, Honeywell, Fujitsu, the U.S. government, and other manufactures of aircraft, ships, tanks, and submarines.