Announced
Financials
Tags
Electronic Components and Equipment
Majority
Friendly
United States
Domestic
Private
microwave components
Acquisition
Single Bidder
Pending
Private Equity
Synopsis
Quantic Electronics, an electronic component company, agreed to acquire Corry Micronics, a supplier of RF and microwave components and subsystems. Financial terms were not disclosed. "CMI's broad portfolio of RF and microwave components perfectly complements our current RF portfolio, while at the same time deepens our customer relationships in key markets. For decades, CMI has had success as a supplier and partner to major companies serving aerospace, defense, medical, and communications markets, and we look forward to helping them achieve their future growth objectives," Kevin Perhamus, Quantic Electronics President and CEO.
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