Around the Circuit

摘要

CPI International Inc. and its wholly owned subsidiary Communications & Power Industries LLC (CPI) have acquired MCL Inc., a manufacturer of power amplifier products and systems for the satellite communications market and a wholly owned subsidiary of MITEQ Inc. Under the terms of the agreement, CPI acquired the assets of M C L using cash on hand. The acquisition will be integrated into CPIs Satcom Division. CPI will honor M C L's current sales commitments, and will continue to operate M C L's manufacturing facility in Bolingbrook, IL. for the period necessary to fulfill these backlog commitments.