Home / M&A Activity / Ingenicomm Buys Kratos Subsidiary’s Telemetry Processor Line; Amit Puri Comments

Ingenicomm Buys Kratos Subsidiary’s Telemetry Processor Line; Amit Puri Comments

Equipment and engineering services firm Ingenicomm has acquired the programmable telemetry processor product line from CVG-Avtec Systems, a subsidiary of Kratos Defense and Security Solutions.

Ingenicomm did not disclose terms of the transaction in its release Monday and said the company will continue to support new and existing programs for customers under the product line following the transaction’s completion.

“There are huge synergies between the PTP and our next-generation configurable ground systems (CGS) product line that enable us to provide best-of-breed I&T and ground station processors, although both products will be sustained independently in the future, ” said Amit Puri, president and CEO of Ingenicomm.

The PTP product line produces processors for satellite ground station and integration and testing customers, including space agencies worldwide

The PTP provides multi-stage and multi-mission support and aims to have satellite manufacturers using the same equipment as operational satellite ground stations.

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