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Mercury Computer Acquires Defense Electronics Firm KOR Electronics

DDN

Thursday, January 12th, 2012

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Mercury Computer Systems [MRCY] recently completed its acquisition of defense electronics firm KOR Electronics for $70 million in cash, adding to its sensor processing capabilities. KOR and its subsidiary, Paragon Dynamics, Inc. (PDI), design and develop digital radio frequency memory units for various electronic warfare applications, radar environment simulation and test systems for defense applications, and provide analytic services and customized multi-INT data fusion and exploitation solutions for the intelligence community. KOR's products are used on a wide variety of…

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