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Argon ST buys Radix Technologies
September 16th, 2005 No comments
Argon ST Inc. has reached an agreement with the majority owners of Radix Technologies to acquire the very successful stock of Radix Technologies.
Radix, an industry innovator, designs and builds high performance, leading signal processing systems. Radix builds and designs equipment for both military and commercial usage. It creates applications for Military, intelligence community, and commercial. The systems have applications in exploration, geographic location, anti-jamming GPS, and communications systems. The company used a strong heritage in communications intelligence to build a highly respected foundation in digital signal processing. The challenging and complex electronic environments that we face today gave the company the trust of many customers in signal reconnaissance techniques by the use of adaptive beam development and jamming cancellation.
According to Robert Shanafelt, President and CEO of Radix Technologies, Inc., “The acquisition of Radix by Argon ST is extremely positive and beneficial to our customers, employees and stockholders. Radix’s leading edge signal processing technology for reconnaissance and navigation will complement the Argon ST advanced signal intercept and processing systems to create new business opportunities for both organizations. The Argon ST capabilities will provide Radix’s customers with a stable corporate base for the development of full operational systems.” Radix owes its rich and varied intellectual property base to its nationally recognized technical staff who will be unaffected by the merger. Radix will continue to operate from its Mountain View (CA) headquarters.
Terry Collins, CEO and President of Argon ST, Inc., stated, “The opportunities… are tremendous. Radix’s unique yet complementary capabilities are especially important in our continuing efforts to provide war fighters the advantages of information with the clarity and timeliness required to impact operational decisions. Radix brings solid engineering and innovative spirit to meet the unprecedented challenges of today’s complex and dynamic signals environment. I am pleased that they will become a part of Argon ST.”
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