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Article: DataPath Completes Acquisition of Industrial Logic Corporation (ILC).
- Article from:
- PR Newswire
- Article date:
- December 1, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ILC's MaxView(R) Network Management and Control Software Enhances DataPath's Integrated Communications Solutions and Expands Market Opportunities
DULUTH, Ga., Dec. 1 /PRNewswire/ -- DataPath Inc., a provider of satellite and wireless communications networks around the world, today announced that it has completed its acquisition of ILC, a privately-held Atlanta-based provider of network management software for monitoring, controlling and automating hybrid communications networks. The purchase price was $20.7 million for the equity of ILC, and there was a $5 million payment for outstanding debt. ILC generated revenue of $12 million in 2005.
With the ...