Operator
Good day, everyone, and welcome to the Mercury Systems Fourth Quarter Fiscal 2021 Conference Call. [Operator Instructions]
At this time, for opening remarks and introductions, I d like to turn the call over to the company s Executive Vice President and Chief Financial Officer, Mike Ruppert. Please go ahead, sir.
Michael Ruppert
Executive Vice President, Chief Financial Officer and Treasurer
Good afternoon and thank you for joining us. With me today is our President and Chief Executive Officer, Mark Aslett. If you ve not received a copy of the earnings press release we issued earlier this afternoon, you can find it on our website at mrcy.com.
Why Mercury Systems Stock Is Down Today fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Mercury Systems (MRCY) acquires Pentek streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
By Ross Wilkers
May 27, 2021
Two acquisitions caught our attention on Thursday that both highlight the narratives they are shaping about their role in the market.
Here are overviews of what these acquirers found and where they see the deals taking them.
Publicly-traded strategic deals again
Mercury Systems has acquired two businesses collectively known as Pentek for $65 million in a deal to expand the buyer’s lineup of ruggedized, commercial-off-the-shelf hardware offerings.
Pentek Technologies and Pentek Systems focus on software-defined radio and data acquisition boards, recording systems and subsystems for defense and commercial applications.
Andover, Massachusetts-headquartered Mercury said Thursday it expects the acquired businesses to generate approximately $20 million in revenue for its fiscal year ending July 1, 2022.
Operator
Good day, everyone, and welcome to the Mercury Systems Third Quarter Fiscal 2021 Conference Call. [Operator Instructions]
At this time, for opening remarks and introductions, I d like to turn the call over to the company s Executive Vice President and Chief Financial Officer, Michael Ruppert. Please go ahead, sir.
Michael D. Ruppert
Executive Vice President and Chief Financial Officer and Treasurer
Good afternoon, and thank you for joining us. With me today is our President and Chief Executive Officer, Mark Aslett. If you ve not received a copy of the earnings press release we issued earlier this afternoon, you can find it on our website at mrcy.com. The slide presentation that Mark and I will be referring to is posted on the Investor Relations section of the website under Events & Presentations.