NIXA, Mo.-Applied Cellular Technology Inc. will acquire an 80 percent interest in Signal Processors Ltd. based in Cambridge, England. The acquisition is expected to close during the first quarter ending in March.
Signal Processors develops and manufactures satellite subsystems including antenna controllers for satellite communication tracking clarity, satellite modems and data broadcast receivers.
“We have entered into an age where the servicing of satellite communications systems is most dramatic,” said Richard Sullivan, chairman and chief executive officer of Applied. “Furthermore, as Third World countries continue to expand their orbital communications system, such as in South America and China, the need for linking and maintenance technologies will grow exponentially.”
