Epiq Solutions buys software-defined radio firm
Epiq is using this acquisition to deepen its portfolio of software-defined radio products for defense and intelligence agencies.
CORRECTION: This story has been updated to clarify that CyberRadio Solutions provides high-performance radio products used in defense and intelligence applications. We incorrectly described them as providing space-based solutions.
Epiq Solutions, part of Veritas Capital’s portfolio, has acquired the CyberRadio Solutions business unit of G3 Technologies for an undisclosed.
The acquisition is part of Epiq’s strategy to deepen its capabilities in radio frequency products for defense and intelligence applications. Epiq focuses on software-defined radios and space computing solutions. The addition of CyberRadio brings to Epiq a lineup of products such as tuners, downconverters, and signal generators.
CyberRadio also has focused on developing open architecture products, which is also a key focus area for Epiq and particularly for products where size, weight and power are critical.
“CyberRadio Solutions’ team and product portfolio brings a new dimension to Epiq, where exceptional RF performance is a mission enabler,” Epiq co-founder and chief executive John Orlando said in a release.
Becoming part of Epiq will give CyberRadio access to more resources including those for research-and-development, the companies said.
CyberRadio will operate as a separate unit of Epiq and continue under the same executive team led by President Rob Diefes.
Covington and Latham & Watkins LLP both were legal counsel to Epiq and Veritas. Miles & Stockbridge was the legal counsel to CyberRadio, whose financial adviser was Monument Capital Partners
Veritas acquired Epiq in July 2022 via the $1.8 billion Vantage Fund focused on midsized companies. In January 2023, the private equity firm backed Epiq’s acquisition of Xiphos, a company that makes embedded processing capabilities that contribute to larger space-based systems.