CHATSWORTH, Calif., Oct. 9 (UPI) -- Microelectronics company Natel Engineering Co. Inc. has completed acquisition of EPIC Technologies of Ohio, expanding its multi-sector product lines.
Terms of the transaction were not included in the acquisition announcement on Tuesday.
"We are extremely pleased with the addition of EPIC because it strengthens and expands product solutions to include higher-level full-system integration capabilities, as well as additional opportunities to reduce costs for our customers through the geographical distribution of our manufacturing locations," says Natel President and CEO Sudesh Arora. "Natel's history of strategic acquisitions has enabled us to grow and the acquisition of EPIC provides market diversification in the building infrastructure, lighting, transportation and energy industries."
Natel is one of the largest privately held microelectronics manufacturers in the United States and serves companies in the military, aerospace, telecommunication and medical industries. Its expertise is in designing and manufacturing microelectronic assemblies for space and defense programs
