EMS Technologies to Buy Formation

EMS Technologies signed an agreement to acquire Formation, Inc., of Moorestown, N.J., a provider of airborne wireless network products, for $40 million. The acquisition, EMS said, is designed to bolster its airborne connectivity capabilities. “Acquiring Formation signals EMS’s continued investment in its aero-connectivity strategy to become a more comprehensive solutions provider. Our goal is to meet the growing demand for aeronautical communications from airlines and business aircraft owners, as well as governments,” says EMS Technologies’ President and CEO Paul Domorski. “With Formation, EMS covers the spectrum of air-connectivity solutions, delivering the platforms and systems airlines want across multiple satellite platforms." EMS said it plans to retain Formation’s current operations in Moorestown, N.J.