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Business/Financial

Mercury Systems Acquires Small RF Company Atlanta Micro

By Cal Biesecker

Monday, November 29th, 2021

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Mercury Systems Acquires Small RF Company Atlanta Micro

Bypassable gain block amplifier supplied by Atlanta Micro. Photo: Mercury Systems

Mercury Systems [MRCY] on Monday said it has acquired Atlanta Micro, a small designer and manufacturer of high-performance radio frequency (RF) modules and components, in a deal that deepens its footprint in the electronic warfare, radar and weapons markets. Mercury said it paid cash for Atlanta Micro, which is expected to generate about $16 million in sales in 2022 and deliver adjusted operating margins above 30 percent. Mercury said the acquisition is expected to be immediately accretive to its adjusted…

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