Analog Devices Acquires Cyber Security Solutions Business of Sypris Electronics

Analog Devices Inc. (ADI) announced that it has acquired the Cyber Security Solutions (CSS) business of Sypris Electronics LLC. CSS is a provider of secure system and software products to customers including military and government agencies.
 
According to the press release: “With this transaction, ADI enhances its aerospace and defense capabilities in the area of secure radio communications, bolsters its portfolio of system hardware and software-based cryptographic technologies, and adds a cybersecurity software and services business that supports our ability to offer more comprehensive high-performance analog solutions across multiple market segments such as Internet of Things (IoT), industrial, automotive, and more.”

Deal terms were not disclosed.