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.
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