Mercury blends expertise in high-performance embedded computing and data recording with Pentek acquisition
ANDOVER, Massachusetts – Two large high-performance embedded computing companies are joining forces with the announcement this morning that Mercury Systems in Andover, Massachusetts is acquiring Pentek Inc. in Upper Saddle River, NJ, for $ 65 million in cash, John Keller told Military and space electronics. Continue reading the original article.
The intelligent astronaut:
June 1, 2021 – On the acquisition of Pentek, Mercury CEO Mark Aslet says, “their capabilities add scale and breadth to the existing portfolio of mixed-signal products and deepen our penetration of our core radar, e-warfare (EW) and signal intelligence markets.”
Mercury acquires Pentek Technologies LLC and Pentek Systems Inc. subject to adjustments to net working capital and net debt. For Mercury’s fiscal year, ending July 1, 2022, Pentek is expected to generate revenue of about $ 20 million.
Pentek specializes in high-performance high-performance commercial ready-made (COTS) software-defined radios and data collection boards, data recording systems and subsystems for high-end military and commercial applications.
Jamie Whitney, Associate Editor
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