M&A Deal Summary

Mercury Acquires Echotek

On July 12, 2005, Mercury acquired electrical equipment company Echotek for 49M USD

Acquisition Highlights
  • This is Mercury’s 1st transaction in the Electrical Equipment sector.
  • This is Mercury’s 8th largest (disclosed) transaction.
  • This is Mercury’s 1st transaction in the United States.
  • This is Mercury’s 1st transaction in Alabama.

M&A Deal Summary
Date 2005-07-12
Target Echotek
Sector Electrical Equipment
Buyer(s) Mercury
Deal Type Add-on Acquisition
Deal Value 49M USD

Target

Echotek

Huntsville, Alabama, United States
Echotek is a produces a portfolio of board-level products for analog-to-digital conversion (A/D), digital-to-analog conversion (D/A), high- performance input/output (I/O), and specialized digital signal processing known as digital receivers. This functionality is present in "sensor-based" computing systems for defense applications such as radar and signals intelligence. These technologies are also key components in commercial systems for medical scanners, large-scale physics experiments, and electronic test instrumentation.

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Buyer(S) 1

Buyer

Mercury

Andover, Massachusetts, United States

website

Category Company
Founded 1981
Sector Electronics
Employees2,486
Revenue 988M USD (2022)
DESCRIPTION

Mercury is a high-tech commercial provider of secure and sensor processing subsystems that power critical defense and intelligence applications. Mercury's products and solutions have been deployed in more than 300 programs with over 25 different defense prime contractors. Key programs include Aegis, Patriot, Surface Electronic Warfare Improvement Program, Gorgon Stare, Predator, F-35 and Reaper. Mercury's organizational structure allows it to deliver capabilities that combine technology building blocks and deep domain expertise in the defense sector. Mercury was formed in 1981 and is based in Andover, Massachusetts.

DEAL STATS #
Overall 1 of 17
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 15
State (Alabama) 1 of 2
Country (United States) 1 of 16
Year (2005) 1 of 1
Size (of disclosed) 8 of 11
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-12 LNX

Salem, New Hampshire, United States

LNX Corporation is a provider of high performance solutions used in critical Defense and Homeland Security applications. Servicing domestic and international markets, LNX produces a market-leading portfolio of board-level products including microwave and millimeter wave integrated assemblies and components, MMIC-based transceivers, converters, and millimeter wave power amplifiers and digital products (digital receivers, DRFM, DIFM). These technologies are key components in defense applications such as radar and signal intelligence.

Buy $36M
Mergr

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