Abaco Systems Sold for $1.35 billion
Ametek has agreed to purchase Huntsville-based Abaco Systems for $1.35 billion, the Pennsylvania-based company said in a news release. A maker of electronics equipment, Ametek will acquire Abaco Systems in an all-cash transaction; it is expected to close in mid-2021. Abaco Systems specializes in open-architecture computing and electronic systems for aerospace, defense, and specialized […]