Applied Signal Technology, Inc. (Nasdaq:APSG) has acquired Dynamics Technology, Inc., a designer and manufacturer of advanced sensor and signal processing systems. Based in Torrance, California, Dynamics Technology systems are used for signal processing in space-based, airborne, terrestrial and undersea applications in support of intelligence, surveillance and reconnaissance for global security.
Applied Signal Technology, Inc. designs, develops, manufactures and markets advanced digital signal processing equipment to collect and process a wide range of telecommunications signals for signal reconnaissance applications.
Applied Signal Technology acquired Dynamics Technology for approximately $30 million in cash consideration. Philpott Ball & Werner served as advisor to Applied Signal Technology.