[Satellite TODAY 06-26-13] CPI International and its subsidiary Communications & Power Industries (CPI) have acquired MCL, a manufacturer of power amplifier products and systems for the satellite communications market and a wholly owned subsidiary of MITEQ. Under the terms of the agreement, CPI acquired the assets of MCL using cash on hand. The acquisition will be integrated into CPI’s Satcom Division.

 

    CPI will continue to support MCL’s installed base of products and customers worldwide, and retain a service center for MCL products in the Chicago area. CPI also expects to preserve MCL’s existing global network of authorized service providers. Several of MCL’s key managers and employees will transition into roles at CPI to support MCL products.

 

    "CPI has a well-earned, longstanding reputation for product and service excellence, and we believe that this acquisition will serve MCL’s customers well," Howard Hausman, president of MITEQ said in a statement. "We are confident that MCL’s products and customers are in good hands with CPI."