Odyssey-backed CPI completed the acquisition of TMD Technologies.

Odyssey-backed Communications & Power Industries, a global manufacturer of electronic components and subsystems, completed the acquisition of TMD Technologies, a designer and manufacturer of professional microwave and radio frequency products. Financial terms were not disclosed. "TMD has a well-earned global reputation for high-reliability transmitters and microwave devices, in particular state-of-the-art microwave power modules and TWT amplifiers. We have long been impressed by the quality of TMD's people and technology. Adding TMD's proven products to CPI's Electron Device Business will provide a TMD with a prosperous, long-term home for their business and will enable the companies to offer customers broader capabilities and more comprehensive solutions for radar, electronic warfare, communications, EMC testing and related applications," Andy Ivers, CPI President and COO.