{"id":86981,"date":"2010-05-12T00:21:10","date_gmt":"2010-05-11T16:21:10","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/comtech-acquires-rf-microwave-manufacturer-for-472-3-million\/"},"modified":"2010-05-12T00:21:10","modified_gmt":"2010-05-11T16:21:10","slug":"comtech-acquires-rf-microwave-manufacturer-for-472-3-million","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/comtech-acquires-rf-microwave-manufacturer-for-472-3-million\/","title":{"rendered":"Comtech Acquires RF Microwave Manufacturer for $472.3 Million"},"content":{"rendered":"

[05-11-10] Comtech Telecommunications<\/strong> has signed an agreement with CPI International<\/strong> to acquire the microwave, radio frequency, power and control solutions provider for $372 million in cash and 4.4 million shares of Comtech stock in a transaction with a total enterprise value of $472.3 million, Comtech announced May 10.
\n        Comtech will repay all existing CPI debt upon the closing of the transaction. Comtech, on a pro-forma basis and excluding the impact of any additional acquisitions, is anticipated to have between $150 million and $200 million of deployable cash at the time of closing.
\n        Comtech CEO Fred Kornberg said the acquisition triples the size of Comtech\u2019s RF microwave amplifier segment and is a significant step in his company\u201as strategy to developing a one-stop shop for RF microwave products. “The combination will allow us to unite our companies\u2019 resources to develop and bring new and innovative products to market and to our customers. We welcome CPI\u2019s talented workforce to the Comtech team and are excited about the future.”
\n        Kornberg added that the combined RF segment is anticipated to generate more than $50 million in EBITDA on an annual basis. CPI\u2019s sales and EBITDA were $338.5 million and $56.4 million, respectively, for its last four fiscal quarters ending January 2010.<\/p>\n

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[05-11-10] Comtech Telecommunications has signed an agreement with CPI International to acquire the microwave, radio frequency, power and control solutions provider for $372 million in cash and 4.4 million shares of Comtech stock in a transaction with a total enterprise value of $472.3 million, Comtech announced May 10.         Comtech will repay all existing CPI […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-86981","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86981"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=86981"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86981\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=86981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=86981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=86981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}