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  • Friday, November 22, 2024

Mercury Completes $180M Themis Purchase; Mark Aslett Comments


Andover, Massachusetts-based Mercury Systems (Nasdaq: MRCY) has wrapped up its $180 million cash purchase of Fremont, California-based ruggedized computing products manufacturer Themis Computer.

Mercury first announced the deal in December and the company said Thursday it financed the transaction with funds under its existing revolving credit facility.

Mark Aslett, president and CEO of Mercury, said the acquisition will allow the company to expand its presence in the command, control, communications, computers and intelligence market while offering new technology platforms for customers.

Themis produces servers and storage devices designed to integrate with missile, autonomous, tactical radar, combat management, battlefield sensor, unmanned aerial vehicle and C4ISR systems.

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