Search Results for: Mercury Systems

IT Firm iNovex Acquires Mercury Systems’ Intell Analytics Business

INovex Information Systems has bought the intelligence analytics business of Mercury Systems for an undisclosed amount in a move aimed at growing iNovex’s customer base and market presence. BB&T Capital Markets/Windsor Group acted as the financial adviser to Mercury Systems on the transaction, BB&T Capital Markets said. Maryland-based iNovex offers …

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Michael Ruppert Joins Mercury Systems as Strategy, Corporate Development SVP; Mark Aslett Comments

Michael Ruppert, formerly co-founder and managing partner of advisory firm RSPartners LLC, has joined Mercury Systems (NASDAQ: MRCY) as senior vice president of strategy and corporate development. He will report to President and CEO Mark Aslett and be responsible for the company’s strategy, planning and mergers and acquisitions activities,  Mercury Systems said Monday. “Michael’s in-depth knowledge and experience …

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Report: Boeing Eyes Mercury Systems Acquisition

Boeing (NYSE:BA) is exploring a potential acquisition of digital imaging processing and big data processing technology maker Mercury Systems (NASDAQ: MRCY), Reuters reported Friday. Nicola Leske and Mike Stone write that Boeing wants to increase its presence in the commercial aerospace component sector and access Mercury’s microprocessor business. Evercore Partners has been …

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Mercury to Buy Physical Optics Corp in $310M Cash Deal; Mark Aslett Quoted

Mark Aslett President

Mercury Systems (Nasdaq: MRCY) has agreed to purchase Torrance, California-based defense systems integrator Physical Optics Corp. for approximately $310M in cash to expand the former's global avionics and missions systems portfolio. Mark Aslett, president and CEO of Mercury, said the deal would expand platform and mission management content on the company's airborne programs.

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Mercury Buys Syntonic Microwave, The Athena Group; Mark Aslett Quoted

Mercury Systems (Nasdaq: MRCY) has purchased Syntonic Microwave and The Athena Group for $46M combined to expand its radio frequency capabilities and further broaden its presence in security and electronic warfare markets. Mark Aslett, president and CEO of Mercury Systems, said in a statement published Thursday the acquisitions will help …

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Mercury Acquires GECO Avionics; Mark Aslett Quoted

Andover, Mass.-based military electronics provider Mercury Systems (Nasdaq: MRCY) has acquired GECO Avionics for approximately $36.5M cash. Mercury said Tuesday it funded the acquisition and related transaction expenses through an existing revolving credit facility. GECO produces mission processors, aviation networking and video processing systems,  airborne displays and avionics software. The Mesa, Ariz.-based company has supplied technologies for …

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Mercury Acquires Germane to Expand Rugged Server, C2I Portfolio

Mercury Systems (Nasdaq: MRCY) has acquired Germane Systems for approximately $45 million cash in a move to grow the former’s portfolio of rugged servers and command, control and information processing technologies. The purchase price is subject to working capital and debt adjustments and Mercury financed the transaction with funds from a revolving …

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Mercury Completes $180M Themis Purchase; Mark Aslett Comments

Andover, Massachusetts-based Mercury Systems (Nasdaq: MRCY) has wrapped up its $180 million cash purchase of Fremont, California-based ruggedized computing products manufacturer Themis Computer. Mercury first announced the deal in December and the company said Thursday it financed the transaction with funds under its existing revolving credit facility. Mark Aslett, president and CEO of …

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Mercury Eyes C4I Footprint Growth Through $180M Themis Buy

Mercury Systems (Nasdaq: MRCY) has agreed to purchase Themis Computer for approximately $180 million in cash in a move to expand its presence in the command, control, communications, computers and intelligence market. Andover, Massachusetts-based Mercury said Thursday it expects to complete the transaction in the third quarter of its fiscal 2018 ending …

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Mercury Eyes Mission Computing Portfolio Expansion Via Richland Technologies Purchase

Mercury Systems (Nasdaq: MRCY) has purchased Duluth, Georgia-based Richland Technologies for an undisclosed sum in a move to grow processing subsystems offerings for aerospace and defense clients. Mercury said Wednesday it plans to keep RTL’s presence in Duluth and that the transaction complements its purchase of Switzerland-based military and aerospace …

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