Mercury Acquires LNX
Chelmsford, MA-based IT firm Mercury Computer Systems said yesterday that it bought LNX, a provider of receiver systems for intelligence technology. Mercury (NASDAQ: MRCY) paid $31 million in cash for the Salem, NH-based company, and could pay up to an additional $5 million if LNX hits certain financial targets in 2011 and 2012, according to the announcement. The acquisition will strengthen the radio frequency and signal processing technology for Mercury’s products, the company said.
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