Military Embedded Systems

Acquisition of GATR Technologies complete with purchase price of $232.5 million


February 04, 2016

Mariana Iriarte

Technology Editor

Military Embedded Systems

SAN DIEGO. The acquisition of GTAR Technologies (GTAR) by Cubic is complete after officials received final Hart-Scott-Rodino regulatory approval.

According to company officials, the estimated purchase price is $232.5 million. GTAR will continue to operate under Cubic Goblal Defense business unit.

The acquisition - completed on February 2, 2016 - expands Cubic's portfolio in command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR).

Read more on C4ISR:

C4ISR market to reach $119 billion by 2019

DoD C4ISR market revenue to benefit from COTS and IoT systems

ISR sensors, GaN materials, multicore processors dominant tech trends in 2015


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