Epiq Solutions, a developer and provider of radio frequency solutions for governments and enterprises, on Thursday said it has acquired Xiphos Systems Corp. in a deal that adds expertise and capabilities in space-focused computing.
Terms of the transaction were not disclosed.
Xiphos’ signature product is its miniature processing boards, called Q-carts, used to perform complex processing at a fraction of the power, weight and cost of conventional processors, the Montreal-based company says. Its embedded processing solutions are used in more than 80 space missions and constellations aboard nanosats and cubesats for U.S. and international customers.
Epiq, a portfolio company of Veritas Capital
, said in combination with Xiphos it will provide a “broader range of low power, performance-optimized, open architecture computing solutions for mission-critical, multi-domain defense and commercial applications.”
Xiphos will retain its brand and continue to operate out of Montreal under its current leadership team led by Edwin Faier, president and director of business development.
“This transaction brings together two highly complementary, mission-focused businesses with proven track records of delivering uniquely capable small form factor sensing, processing, and communication solutions across a breadth of deployment domains,” John Orlando, Epiq’s CEO, said in a statement. “Xiphos is a leader in control and hybrid, image, and signal processing with a heritage brand that customers trust and respect.”
Epiq’s radio frequency solutions are used in mobile device detection, software defined radios, spectrum analysis, and transceivers. Epiq is based in Illinois.
Xiphos’ financial adviser on the deal was Philpott Ball & Werner.