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Data Device Acquires Microelectronics Business

Cal Biesecker By
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Data Device Acquires Microelectronics Business
Maxwell Technologies says its RAD-PAK technology is being used by over 100 space programs. Photo: Maxwell

The private equity firm Behrman Capital on Tuesday said its portfolio company Data Device Corporation (DDC) has agreed to acquire the Microelectronics Business of Maxwell Technologies [MXWL] for $21 million in cash.Behrman said that the acquisition is complementary to DDC’s existing space solutions capabilities.DDC designs and manufactures connectivity, power and control solutions for aerospace, defense and industrial applications. Maxwell’s Microelectronics Business develops and manufactures space-qualified microelectronics solutions for satellites and space craft, including radiation-hardened single board computers and components such…

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