# SPX Corporation acquires CUES: partnership

Canonical ID: `9b5cbddc-21ce-4e98-acd2-b52bf456bb19`

SPX Corporation acquired CUES parent ELXSI Corporation for approximately USD 189 million. CUES now operates as a subsidiary within SPX's Detection and Measurement segment, continuing to manufacture pipeline inspection equipment from its Orlando, FL facility.

- **Type:** other
- **Status:** concluded
- **Verification posture:** verified

## Parties (2)

- [CUES](https://registry.deploy.report/companies/cues.md) other
- SPX Corporation _(off-registry)_ investor partner

## Timeline

- **Announced:** 2018-04-25
- **Start:** 2018-06-07

## Sources (1)

1. https://spx.com/spx-announces-agreement-to-purchase-cues-inc/


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