Kratos Acquires Rt Logic
Rt logic rt logic supplies signal processing systems for the space and aerospace communications industry sat corporation sat corporation bought cvg inc.
Kratos acquires rt logic. Rt logic had grown to about 50 employees when it was acquired by integral and had 150 employees generating 50 million in annual sales when the founders were forced out. Kratos completed the acquisition through a reverse merger of a wholly owned subsidiary with and into integral systems. Integral systems stockholders will receive an amount in cash and stock having an aggregate value of approximately 13 00 per share as of the date of the agreement. If you are interested in career opportunities please check our careers page.
Rt logic a kratos company is a leading provider of innovative products for ground stations satellite test equipment and satellite operations with solutions used in over 80 of america s space missions. Our motto from strength to success reflects our commitment to continually leveraging our technical and intellectual strengths for the ultimate success of our customers. Kratos completed the acquisition through a reverse merger of a wholly owned subsidiary with and into integral systems. Will acquire integral systems inc.
Kratos has many offices across the united states and in other countries. And changed its name to satcom solutions. Rt logic a kratos company is a leading provider of innovative products for ground stations satellite test equipment and satellite operations with solutions used in over 80 of america s space missions. Less than a year later kratos bought integral systems and changed satcom solutions back to cvg inc.
About kratos defense security solutions. Nasdaq ktos a leading national security solutions provider today announced the completion of its acquisition of integral systems inc. As a result of the merger each outstanding share of integral systems common stock was cancelled and converted into the right to receive 5 00 in cash without interest and the issuance of 0 588 shares of kratos common stock. San diego july 28 2011 globe newswire kratos defense security solutions inc.
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