CHELMSFORD, Mass., 3 Nov. 2016. Executives of Mercury Systems Inc. in Chelmsford, Mass. announced plans today to acquire mission computing and small-form-factor embedded computing specialist CES Creative Electronic Systems S.A. in Grand-Lancy, Switzerland.
Mercury leaders announced they have signed a definitive agreement to acquire CES for about $38 million in cash, and the acquisition should close before the end of this year. CES had revenues of $23 million for the company's fiscal year ended 30 Sept. 2016.
"The addition of CES adds important and complementary capabilities in mission computing, safety-critical avionics and platform management," says Mark Aslett, Mercury's president and CEO. "These new capabilities will also substantially expand Mercury's addressable market into commercial aerospace, defense platform management, C4I, and mission computing."
There is no word yet on potential name or personnel changes at CES. Mercury officials say they will release more information when the transaction closes.
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CES specializes in embedded solutions for military and aerospace mission-critical computing applications, as well as in safety-certifiable products and subsystems like primary flight control units, flight test computers, mission computers, command and control processors, graphics and video processing, and avionics-certified Ethernet and I/O.
CES has a North American operation based in Apex, N.C. The company has expertise in rugged embedded computers for applications constrained by size, weight, and power consumption (SWaP) such as avionics, vetronics, and unmanned vehicles.
For more information contact Mercury Systems online at www.mrcy.com, or CES at www.ces-swap.com.
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