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Datapath Inc. has completed its acquisition of ILC, a privately held provider of network management software for monitoring, controlling and automating hybrid communications networks, Datapath announced Dec. 1.
The purchase price was $20.7 million for the equity of ILC and a $5 million payment for outstanding debt. ILC generated revenues of $12 million in 2005, and the company’s customers include DirecTV, Loral Skynet, NBC and PBS as well as the U.S Army, Navy and the Federal Emergency Management Agency.
"The addition of ILC’s Maxview network management software and expertise increases our competitiveness and underscores our ongoing commitment to integrating best-of-breed commercial technologies that meet our customers’ rapidly evolving communications needs," David Helfgott, president and chief operating officer of Datapath, said in a statement. "Through this acquisition, we will enhance Datapath’s end-to-end communications solutions while better enabling our customers to collect, distribute and act on the information that drives their most critical operational decisions.
"In addition, we will address new market opportunities by introducing Datapath communications networks to ILC’s impressive government and broadcast customer base."
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