Endwave Corporation, a supplier of high-frequency RF modules for telecommunications networks, defense electronics and homeland security systems, has acquired privately-held ALC Microwave, Inc. for approximately $6.6 million in cash. ALC, a provider of logarithmic amplifier subsystems to many US and international defense prime contractors, is based El Dorado Hills, Calif. in close proximity to Endwave's Diamond Springs, Calif. operation. Additionally, ALC provides microwave and millimeter-wave components and subsystems for several other advanced defense electronics platforms not previously served by Endwave.

"This acquisition is strategically important to Endwave's mission in our defense and security business," said Ed Keible, CEO and president of Endwave. "In addition to expanding our product portfolio, we are pleased to gain access to critical OEM relationships fostered by ALC in the defense community," added Keible. "Given ALC's revenue growth, profitability, positive cash flow from operations and complementary market position, we view this transaction as an important step in continuing to build a profitable, thriving company."

RSS    Save to Del.icio.us  Digg This