Epiq Solutions, a portfolio company of The Veritas Capital Vantage Fund, L.P. , and leading provider of software defined radios and space computing solutions for governments and enterprises, announced the completion of its acquisition of CyberRadio Solutions (“CRS”), a business unit of G3 Technologies providing high-performance radio frequency (“RF”) products including tuners, downconverters, and signal generators supporting the most demanding defense and intelligence applications.
Founded in 2011, CyberRadio’s mission is focused on developing open architecture high performance RF receiver and embedded signal processing platforms with industry leading RF performance, channel count, and tuning range up to 50 GHz. This complements Epiq’s focus on small form factor open architecture SDR modules and platforms where size, weight, and power are critical to enabling customer mission success. The expanded Epiq portfolio has coverage supporting maritime, land, air, and space domains, for a range of customer use-cases including remote sensing, drone detection, direction finding, and communications.
“CyberRadio Solutions’ team and product portfolio brings a new dimension to Epiq, where exceptional RF performance is a mission enabler, and we are thrilled to welcome them to our team,” said John Orlando, CEO and co-founder of Epiq Solutions. “Our customers can count on Epiq to be there with both products and technical expertise to enable their RF spectrum dominance challenges as they emerge in the coming years.”
“Serving our customers is our highest priority, and joining the Epiq platform will enable CRS to benefit from increased scale and investment in R&D to continue leading-edge innovation,” said Rob Diefes, President of CRS.
CRS will join the Epiq platform and continue operating out of Mount Airy, MD under its current leadership team led by President Rob Diefes.
Latham & Watkins LLP served as legal counsel to Epiq and Veritas. Miles & Stockbridge served as legal counsel to CRS, and Monument Capital Partners served as financial advisor to CRS. Financial terms were not disclosed.
SOURCE: Businesswire