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Api Technologies Announces Merger With Sendec Corporation - Vintage Capital Management Will Become Majority Shareholder

By TechAgreements

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SenDEC generated approximately $90 million in revenue and over $3.5 million in net income during their fiscal year ended July 31, 2010. The combination of SenDEC and API will create a mid-tier defense electronics platform with a broad range of capabilities to better serve its customers' current and future needs during a dynamically transforming era for the defense community.

Full post as published by TechAgreements on January 11, 2011 (boomark / email).

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