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Article: Merrimac Acquires Filtran Microcircuits Inc.
- Article from:
- PR Newswire
- Article date:
- March 1, 1999
CopyrightCOPYRIGHT 1999 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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WEST CALDWELL, N.J., March 1 /PRNewswire/ -- Merrimac Industries, Inc. ("Merrimac") (Amex: MRM) announces that it has completed the previously announced acquisition of Filtran Microcircuits Inc. ("Filtran") of Ottawa, Ontario, Canada, a leading manufacturer of microwave micro circuitry, in a $4.7 million cash transaction.
Chairman and CEO Mason N. Carter commented: "This is an important strategic acquisition for Merrimac which will allow Merrimac to incorporate Filtran's world class competency in fine line etching into our state of the art Multi-Mix(TM) Microtechnology. Multi-Mix(TM), which provides high frequency solutions, mostly in the form of total integrated ...