Sorainen Estonia has advised Communications & Power Industries on the acquisition of SATCOM Technologies, the antenna systems business of General Dynamics.
Communications & Power Industries is a manufacturer of electronic components and subsystems that is focused primarily on communications and defense markets.
Sorainen reports that that the newly acquired business, which will be called CPI Satcom & Antenna Technologies going forward, will be owned and operated as a subsidiary of CPI. According to the firm, it "will work closely with CPI’s existing antenna systems businesses, CPI Malibu Division and Orbital Systems, to offer customers a broad and deep portfolio of satellite communications antenna systems and related products for use in defense, communications, and scientific applications.”
Sorainen’s team included Partner Piret Jesse, Senior Associate Piret Lappert, and Associate Robin Teever.
Sorainen did not reply to our inquiry on the matter.