Mercury Computer Systems on Tuesday completed its acquisition of KOR Electronics, of Cypress, Calif., a supplier of digital RF memory technology used in a broad range of military aircraft. The acquisition also includes KOR's wholly owned subsidiary, Paragon Dynamics. Financial terms of the all-cash transaction were not disclosed.
Mercury said the acquisition, which was announced on Dec. 30, will allow it to provide its prime contractor customers with "even more capabilities across the sensor processing chain. Specifically, KOR expands Mercury’s offerings with technology and customization expertise in the initial Acquire and Digitize stages of the sensor chain, as well as the Disseminate/Transmit stage."