Radyne Comstream Inc. announced May 31 that it completed its acquisition of Xicom Technology. After final adjustments, Radyne paid $37.7 million in cash, 219,708 shares of stock and assumed $5.1 million in debt at the closing. When Radyne first announced the definitive merger agreement March 3, the transaction was valued at $41 million in cash and stock with a pay off of approximately $5 million in Xicom debt.

Xicom, a provider of satellite and microwave power amplifiers and other radio frequency (RF) products, will operate as a Radyne subsidiary from its Santa Clara, Calif., offices. The combination of Xicom’s amplifier products and RF technologies with Radyne’s line of satellite modems and broadcast encoders will make the company a full line supplier of satellite and broadcast electronic systems. The acquisition brings an increased customer base for both company’s products as well as the potential of offering complete system solutions, Radyne said.