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Announced

Quantic Electronics to acquire Corry Micronics.

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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