Mobix Labs to Acquire EMI Solutions
Mobix Lab, a fabless semiconductor company delivering disruptive next generation wireless and connected solutions, announced that it has signed a definitive agreement to acquire EMI Solutions, an Irvine-based manufacturer of electromagnetic interference (EMI) filtering products for military and aerospace applications.
Terms of the transaction, which is expected to close in the fourth quarter of 2022, were not disclosed.
“EMI Solutions brings yet another level of product excellence to Mobix Labs’ growing portfolio of wireless offerings currently sampling and under development,” said Fabian Battaglia, CEO of Mobix Labs. “This acquisition not only allows us to further develop and deploy solutions for high-tech space and military-grade applications, but also adds meaningful revenue, and provides an existing customer base that is generating revenue and can be leveraged to cross sell additional products and services.”
With more than 25 years of expertise in the electromagnetic interference and compatibility market, EMI Solutions’ line of products includes high quality inserts, connectors and modules that comply with AS9100 and MIL-810/DO-160 standards, as well as the Arms Export Control Act and the International Traffic in Arms Regulations.
“We are delighted to now be part of the Mobix Labs growing family of products and services and are looking forward to working together with senior leadership to deliver a vast array of commercial applications,” said Bob Ydens, founder and president at EMI Solutions. “Our filtered connectors are the best means of eliminating unwanted noise from any electronic system, ideal for military and aerospace mission-critical applications, which helped our company become a recognized leader in the manufacturing of EMI products.”
“Today’s announcement is another reference point as we continue to execute on our growth strategy,” said Keyvan Samini, president and CFO at Mobix Labs. “This deal allows both companies to leverage our synergies as we implement a global go-to-market strategy, while also expected to be accretive to free cash flow at closing.”
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