Announced
Financials
Sources
Tags
electrical equipment
Majority
Electronic Components and Equipment
Friendly
semiconductors
Private
Single Bidder
Pending
United States
Domestic
Private Equity
Acquisition
Synopsis
JF Lehman-backed Narda-MITEQ, a designer and manufacturer of custom radiofrequency, microwave subsystems and components, agreed to acquire Intelligent RF Solutions, a manufacturer of radiofrequency and microwave systems and subsystems. Financial terms were not disclosed. "Our partnership with iRF will further strengthen and broaden both organizations' market presence and penetration, customer relationships and technology and product development capabilities. We look forward to working with the current iRF management team to build upon the Company's sterling reputation and drive continued growth at Narda-MITEQ," Bob Tavares, Narda-MITEQ CEO.
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