Acquisition of ASC
Signal expands CPI's advanced antenna offerings
for its communications and radar customers
September 17,
2015
Communications & Power Industries LLC (CPI)
acquired ASC Signal Corporation, which designs
and builds advanced satellite communications,
radar and high-frequency antennas and
controllers. ASC Signal's high-performance
antennas are used in commercial and government
satellite communications, terrestrial
communications, imagery and data transmission,
and radar and intelligence applications.
Under the acquisition agreement, CPI acquired
ASC Signal from Resilience Capital Partners.
CPI expects to realize approximately $50
million in annual sales, as well as positive
contributions to its earnings, in the
first year following the acquisition.
ASC Signal, which has approximately 125
employees worldwide and facilities in Plano,
Texas and Whitby, Ontario, Canada, will be
operated as an independent division of CPI. It
will retain its current leadership and
personnel, including its sales force.
ASC Signal's product portfolio includes
satcom antenna systems with UHF to V-band
capabilities; radar antennas in S-band and
L-band for air traffic control radar
applications and in S-band and C-band for
weather radar applications; and high-frequency
and specialty antennas in a wide frequency range
for a variety of applications. ASC Signal's
antennas are typically between 2.4 meters and 14
meters in diameter.
"The addition of ASC Signal's products and
technology broadens CPI's existing offerings for
communications and radar customers to now
include one of the industry's broadest
portfolios of high-performance, large-aperture
fixed and mobile antennas. ASC Signal has more
than 40 years