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Information Technology Services M&A image Information Technology Services M&A » By The Online Investor Staff, updated Mon., Nov. 30, 12:19 PM Recent mergers and acquisitions in the Information Technology Services M&A category.

Slide #53. CSP, Inc. Assets of Myricom, Inc.

Acquirer: CSP, Inc. (NASDAQ:CSPI)
Acquiree: Assets of Myricom, Inc.
Details: CSP Inc. (Nasdaq:CSPI), a provider of IT solutions, systems integration services and dense cluster computing systems, today announced that it has acquired the assets of Myricom, a pioneer in high-performance computing interconnect technology. The acquisition is expected to be immediately accretive, and Myricom will become a part of CSP, Inc.'s MultiComputer Division. Terms of the transaction were not disclosed.

CSP and its subsidiaries develop and market information technology (IT) integration solutions, security products, managed IT services, purpose built network adapters, and cluster computer systems. Co. operates in two segments: High Performance Products, which has four primary product lines consisting of a cybersecurity solution marketed as ARIA™ Software-Defined Security, the the Myricom® network adapters, the ARIA nVoy Series of appliances, and the Multicomputer product portfolio for digital signal processing applications within the defense markets; and Technology Solutions, which resells third-party computer hardware and software as a value added reseller.

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Company Name: 
CSP Inc
Stock buyback: 
CSPI buyback
Website: 
www.cspi.com
Sector: 
Information Technology Services
Number of ETFs Holding CSPI: 
3
Total Market Value Held by ETFs: 
$1.12M
Total Market Capitalization: 
$35.00M
% of Market Cap. Held by ETFs: 
3.20%
 

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