Micross Components, a leading provider of high-reliability microelectronic product and service solutions for aerospace, defense, space, medical, energy, industrial and other applications, has announced the acquisition of KCB Solutions, an innovative provider of RF and microwave products. The acquisition further expands the proprietary Hi-Rel component products portfolio of Micross.
KCB, a privately held company and portfolio investment of Artemis Capital Partners (Artemis), located in Shirley, Massachusetts, has established itself as a best-in-class supplier of highly-engineered, leaded and leadless, GaN/GaAs RF and microwave switches, attenuators, amplifiers, multi-chip and functional modules in both standard and custom form. KCB focuses on manufacturing products that are used for a multitude of applications in the space, aerospace and strategic defense end markets, and the Company's design team has extensive experience serving the requirements of prime customers and system-level contractors. Products are designed to meet MIL-PRF standards and KCB's U.S. based operating facility maintains AS9100 quality certification.
"We are excited to join the Micross team and expanding the range of product offerings enabled by our combined capabilities. Their One Source-One Solution, end to end product and services model makes Micross a valued partner to us and our customers who expect high quality RF and microwave solutions. This is a winning combination of product innovation and the highest level of supply chain services for our Hi-Rel customers." said Ralph Nilsson, President & CEO of KCB Solutions. Managing Partner of Artemis and KCB Board Member, Peter A. Hunter added, "we are very proud to have partnered with Ralph and the KCB team to grow the business over the past several years. As part of Micross, KCB is well positioned for continued growth."
Vincent Buffa, Chairman & CEO of Micross, stated, "The acquisition of KCB Solutions will greatly expand Micross' proprietary portfolio of high-reliability RF and microwave products, which will enhance overall product performance and reduce supply chain risk for the benefit of our customers. In addition, Micross will leverage the capabilities of its design, packaging, and test services to provide our RF and microwave customers with greater value from our 'one source-one solution' business model that will provide them with the most advanced microelectronic solutions available."
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