Aeroflex Announces Acquisition of MicroMetrics, Inc.PLAINVIEW Plainview. 1 Uninc. city (1990 pop. 26,207), Nassau co., SE N.Y., on Long Island. It is chiefly residential. 2 City (1990 pop. 21,700), seat of Hale co., NW Tex., on the Llano Estacado; inc. 1907. , N.Y. -- Aeroflex Incorporated (Nasdaq: ARXX) today announced that it has completed the acquisition of privately-held MicroMetrics, Inc. of Londonderry, New Hampshire Londonderry, New Hampshire is a town located in the western part of Rockingham County, New Hampshire, USA. The town is bordered on the north by Manchester, New Hampshire and on the east by Derry, New Hampshire. The population was 23,236 at the 2000 census. . MicroMetrics is a design and full service manufacturer of both standard and application specific RF/Microwave diodes and semiconductor devices. "We believe the acquisition of MicroMetrics is strategic and strengthens our Hi-Reliability, Hi-Performance RF/Microwave product portfolio of semiconductor solutions that will enable us to better service our demanding customer applications," said John Buyko, President, Aeroflex Microelectronic The miniaturization of electronic circuits. See chip. Solutions. "We are delighted that the MicroMetrics team will be joining forces with our company and are looking forward to working with them." About Aeroflex Aeroflex Incorporated (Nasdaq: ARXX) is a global provider of high technology solutions to the aerospace, defense, cellular and broadband broadband Term describing the radiation from a source that produces a broad, continuous spectrum of frequencies (contrasted with a laser, which produces a single frequency or very narrow range of frequencies). communications markets. The Company's diverse technologies allow it to design, develop, manufacture and market a broad range of test, measurement and microelectronic products. The Company's common stock trades on the Nasdaq National Market System under the symbol ARXX and is included in the S&P SmallCap 600 index. Additional information concerning Aeroflex Incorporated can be found on the Company's Web site: www.aeroflex.com. All statements other than statements of historical fact included in this press release regarding Aeroflex's financial position, business outlook, business strategy and plans and objectives of its management for future operations are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . When used in this press release, words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to Aeroflex or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of Aeroflex's management, as well as assumptions made by and information currently available to its management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including but not limited to, competitive factors and pricing pressures, the integration of acquired businesses, changes in legal and regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. , technological change or difficulties, product development risks, commercialization difficulties, general economic conditions, and other risk factors disclosed in Aeroflex's most recently filed Form 10-Q Form 10-Q See 10-Q. . Such statements reflect the current views of management with respect to the future and are subject to these and other risks, uncertainties and assumptions relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc Aeroflex's financial condition, results of operations, growth strategy and liquidity. Aeroflex does not undertake any obligation to update such forward-looking statements. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion