M&A Deal Summary

Mercury Acquires LNX

On January 12, 2011, Mercury acquired software company LNX for 36M USD

Acquisition Highlights
  • This is Mercury’s 1st transaction in the Software sector.
  • This is Mercury’s 11th largest (disclosed) transaction.
  • This is Mercury’s 2nd transaction in the United States.
  • This is Mercury’s 1st transaction in New Hampshire.

M&A Deal Summary
Date 2011-01-12
Target LNX
Sector Software
Buyer(s) Mercury
Deal Type Add-on Acquisition
Deal Value 36M USD

Target

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.

Search 202,137 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Mercury

Andover, Massachusetts, United States
Category Company
Founded 1981
Sector Electronics
Employees2,596
Revenue 974M USD (2023)
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 2 of 17
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 15
State (New Hampshire) 1 of 1
Country (United States) 2 of 16
Year (2011) 1 of 3
Size (of disclosed) 11 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-12 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.

Buy $49M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-30 KOR Electronics

Cypress, California, United States

KOR Electronics is a supplier of system level solutions to the worldwide Defense and Intelligence communities.

Buy $70M
Mergr

Product

Company

Legal