NORWOOD, Mass.–(BUSINESS WIRE)–Analog Devices, Inc. (NASDAQ: ADI) today announced the acquisition of the Cyber Security Solutions (CSS) business of Sypris Electronics LLC.
This acquisition represents a significant leap forward in ADI’s ability to deliver secure high-performance analog solutions demanded by current and future market needs. The CSS business of Sypris Electronics, LLC is well-known as a leader in secure system and software products and technology. For more than 50 years, Sypris has built a proven track record of delivering high-assurance information security services to the world’s most demanding customers, including military and government organizations needing to protect against sophisticated nation-state level threats and attacks. With this transaction, ADI enhances its aerospace and defense capabilities in the area of secure radio communications, bolsters its portfolio of system hardware and software-based cryptographic technologies, and adds a cybersecurity software and services business that supports our ability to offer more comprehensive high-performance analog solutions across multiple market segments such as Internet of Things (IoT), industrial, automotive, and more. For the full article click here
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