Aeroflex Acquires South Korea LIGNex1 Spectrum Analyzer Production Line

Aeroflex Limited, a wholly owned subsidiary of Aeroflex Holding Corp, announced that it has signed an agreement to acquire the spectrum analyzer production line of LIGNex1Co., Ltd. The main acquisition includes the bench-top spectrum analyzer product line Aeroflex will supply under its own brand. These products include the 2399C, 2394A, 2395A spectrum analyzers, and the new 3250 Series spectrum analyzers, as well as related intellectual property. The completion of the transaction will be based on LIGNex1 delivery conditions and specific custom trading conditions.

LIGNex1Co., Ltd.'s main business is the development and production of a variety of sophisticated electronic systems, including missiles, underwater weapons systems, radar, electronic warfare, avionics, strategic communications systems, fire control systems, naval operations systems and optoelectronics. In addition to developing new weapons systems for the Korean military, the company also provides products to customers around the world and builds a more diversified customer base and market by discovering new commercial and defense applications. The company was established in 1976 and is headquartered in Seoul, South Korea.

Robert Vogel, president of Aeroflex Test Solutions, said: "Because Aeroflex and LIGNex1 have a long-term relationship, the product line can smoothly transition without affecting any customer support. The addition of these spectrum analyzer products will complement our industry's competitiveness. Instrument lineup."

Mr.JSKim, LIGNex-1 senior manager of overseas markets and business development, said: “We are confident that Aeroflex will continue to provide our customers with world-class products and customer support."

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Description


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