M&A Deal Summary

Raven Group Acquires ASC Signal - Business Units

On June 4, 2009, Raven Group acquired technology hardware company ASC Signal - Business Units from CPI ASC Signal Division

Acquisition Highlights
  • This is Raven Group’s 1st transaction in the Technology Hardware sector.
  • This is Raven Group’s 1st transaction in the United States.

M&A Deal Summary

Date 2009-06-04
Target ASC Signal - Business Units
Sector Technology Hardware
Buyer(s) Raven Group
Sellers(s) CPI ASC Signal Division
Deal Type Divestiture

Target

ASC Signal - Business Units

United States
ASC Signal Corp. - Business Units consists of Direct-to-Home (DTH), Very Small Aperture Terminal (VSAT), and Radio Frequency electronics (RF) business units.

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Buyer(S) 1

Buyer

Raven Group

Chicago, Illinois, United States

Category Company
Founded 1984
Sector Communications
DESCRIPTION

Raven Group is a provider of consumer satellite broadband and a major manufacturer of DTH equipment.


DEAL STATS #
Overall 2 of 2
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-01 Skyware Radio Systems

Krefeld, Germany

Skyware Radio Systems manufactures electronic products for broadband satellite communications networks. Skyware Radio Systems is based in Krefeld, Germany.

Buy -

Seller(S) 1

SELLER

CPI ASC Signal Division

Plano, Texas, United States

Category Company
Founded 1968
Sector Technology Hardware
DESCRIPTION

CPI ASC Signal Division is a provider of earth station antennas that are an important part of government strategic and tactical communications, especially for defense and intelligence operations, and are also used widely in the commercial world. ASC products also include radar antennas for air traffic control and weather applications, as well as High-Frequency (HF) and specialty antennas.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1