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DataPath Completes Acquisition of Industrial Logic Corporation |
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DULUTH, Ga., Dec. 1, 2006/Satnews Daily/ ― DataPath Inc., a provider of satellite and wireless communications networks around the world, has completed its acquisition of ILC, a privately-held Atlanta-based provider of network management software for monitoring, controlling and automating hybrid communications networks.
DataPath said the purchase price was $20.7 million for the equity of ILC, and there was a $5 million payment for outstanding debt. ILC generated revenue of $12 million in 2005.
With the acquisition of ILC, DataPath said it expects to strengthen its position as a provider of reliable hybrid satellite and wireless communications networks for military, civilian government and commercial customers. It also expects to expand its customer base by adding ILC’s government and broadcast customers and diversify its software business by marketing a single architecture for multiple market segments that require advanced monitor and control software.
“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,” said David Helfgott, president and chief operating officer of DataPath.
“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,” he continued.
DataPath said it will continue to support and grow ILC’s global customers, including broadcast segment leaders such as DirecTV, Loral Skynet, NBC and PBS. It added ILC’s existing relationships with the U.S Army, U.S. Navy, the Federal Emergency Management Agency and other government agencies will further enhance DataPath’s opportunities in its core military and first-responder markets.
ILC’s MaxView software enables full management, control and automation of satellite, broadcast, Internet-protocol, IT, optical, wireless, audio/video, synchronous optical network/synchronous digital hierarchy (SONET/SDH), radio, microwave, facilities and other systems from one console.
Using this consolidated control, MaxView performs end-to-end provisioning, event scheduling and activation, self-healing automation, simplified new device integration, alarm correlation, carrier monitoring, trouble ticketing, spectrum planning and tailored reporting. ILS said more than 600 MaxView systems have been deployed around the world.
Richard Graham, ILC’s former CEO, will continue with DataPath as vice president of corporate planning and operations. While ILC will be a wholly-owned subsidiary, DataPath is integrating the approximately 65 Atlanta-based employees of ILC with the company’s Duluth, Ga.-based Software Business Unit. DataPath currently has nearly 600 employees around the world.
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