Data Device Corp. (DDC) has acquired data bus designer and manufacturer National Hybrid from API Technologies [ATNY], bolstering the company’s position as a supplier of data bus and other networking electronics for the Defense Department and aerospace and defense contractors. DDC, a portfolio company of the private equity firm Behrman Capital, paid $32.5 million in cash for New York-based National Hybrid. DDC, which is also based in New York, said the acquisition expands its military standard 1553 data bus product…
