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 Mergers and Acquisitions
Aeroflex Incorporated Announces the Purchase of Gaisler Research AB
1 year 7 months ago

Aeroflex Incorporated today announced the acquisition of Gaisler Research AB, a privately held company, located in Gothenburg, Sweden.

Gaisler is a provider of IP cores and supporting development tools for embedded processors based on the SPARC architecture. The key product is the LEON synthesizable processor Model together with a full development environment and a library of IP cores (GRLIB). Established in 2001, Gaisler is the pre-eminent processor design team for European markets with complete in-house design facilities for microprocessor, ASIC and field programmable gate array-based designs. With over 40 years of combined staff design experience, Gaisler has been involved in establishing European standards for processor and ASIC development.

John Buyko, President, Aeroflex Microelectronic Solutions said, “The addition of Gaisler will enhance Aeroflexs processor and ASIC product portfolios, significantly enhances our platform and solidifies Aeroflexs position as a leading supplier to our customers.”

About Aeroflex

Aeroflex Incorporated is a global provider of high technology solutions to the aerospace, defense and broadband communications markets. The Company's diverse technologies allow it to design, develop, manufacture and market a broad range of test, measurement and microelectronic products. Additional information concerning Aeroflex Incorporated can be found on the Companys website: www.aeroflex.com.

All statements other than statements of historical fact included in this press release regarding Aeroflexs business strategy and plans and objectives of its management for future operations are forward-looking statements. 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 Aeroflexs 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, changes in legal and regulatory requirements, technological change or difficulties, product development risks, commercialization difficulties and general economic conditions. Such statements reflect the current views of management with respect to the future and are subject to these and other risks, uncertainties and assumptions. Aeroflex does not undertake any obligation to update such forward-looking statements.

Source:  Aeroflex

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