6/4/2004 - Mercury Computer Systems, Inc. (NASDAQ: MRCY) announced it has purchased Reston,Virginia-based Advanced Radio Corporation, a developer of radio frequency (RF) products targeting signals intelligence (SIGINT) applications and commercial opportunities such as wireless infrastructure testing. The cash transaction of approximately $7.0 million was structured as the purchase by Mercury of the outstanding stock of Advanced Radio Corporation.
"The acquisition will enable Mercury to develop front-end RF products that complement our real-time processing strengths in the SIGINT market," said Jay Bertelli, president and chief executive officer, Mercury Computer Systems, Inc. "The integrated systems are expected to significantly enhance the ability of reconnaissance platforms to detect and locate modern enemy communications systems as well as target threats and to provide real-time intelligence on enemy intentions and capabilities to our warfighters."
"Our customers will be able to purchase integrated, commercial off-the-shelf (COTS) solutions, saving time and development costs," said Chris Martins, president, Advanced Radio Corporation. "We believe the superior sensitivity of our RF products will increase the amount of intercepted signals captured for processing, significantly improving communications intelligence capabilities, through Mercury’s high-performance embedded computing systems."
Advanced Radio Corporation’s first high-performance receiver product is currently shipping.
About Mercury Computer Systems, Inc.
Mercury Computer Systems, Inc. (NASDAQ: MRCY) is the leading supplier of high-performance embedded, real-time digital signal and image processing computer systems. Mercury’s products play a critical role in a wide range of applications, transforming sensor data to information for analysis and interpretation. In military reconnaissance and surveillance platforms the company’s systems process real-time radar, sonar, and signals intelligence data. Mercury’s systems are also used in state-of-the-art medical diagnostic imaging devices including MRI, PET, and digital X-ray, and in semiconductor imaging applications including photomask generation and wafer inspection.
Based in Chelmsford, Massachusetts, Mercury serves customers in North America, Europe and Asia through its direct sales force and a network of subsidiaries and distributors. Visit Mercury on the web: www.mc.com.
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