Leading aerospace, defense, communications and sensing markets provider, EMCORE Corporation, acquired the Fiber Optic Gyroscope (FOG) and Inertial Navigation Systems business of KVH Industries, Inc. with the corporate and financial advisement of a Pillsbury team led by Corporate partner Jim Masetti and counsel Drew Simon-Rooke and Finance partners Joel Simon and Veronica Relea.

The all-cash transaction totaled approximately $55 million including all outstanding assets and liabilities along with intellectual property and an Illinois-based production facility.

The Pillsbury deal team included Executive Compensation & Benefits counsel Colleen Lamarre and partner Jonathan Ocker, Tax partner Brian Wainwright, Employment Law partner Paula Weber and senior counsel Laura Latham, Real Estate partner Laura Hannusch, counsel Adam Weaver and associate Cait Horner, Finance senior associate Issac Lee and associate Chika Chimezie, Insurance Recovery & Advisory counsel Aaron Coombs, Corporate associates Hana Cho and Tara Shankar, Environmental & Natural Resources partner Mark Elliot and senior associate Stephanie Amaru, Intellectual Property partner David Jakopin and special counsel Paul Thomas, Government Contracts & Disputes partner Michael Rizzo and counsel Aaron Ralph.