Entorian acquires Augmentix 15th July 2008 By Staff writer Entorian Technologies, a provider of advanced module and system-level products, has acquired Augmentix, a provider rugged computing solutions.

The acquisition positions Entorian to further expand into high-growth markets and to build on its 18-year history of manufacturing and packaging intellectual property for thermally and performance-intensive environments.

Terms of the transaction include $23.5 million in cash and approximately $10.7 million in convertible notes, for a total consideration of approximately $34.2 million, including certain adjustments.

Entorian's product portfolio to include rugged PCs and servers provides large-scale revenue growth opportunities. It continues the company's transformation, complementing Entorian's core technical expertise in high-speed electrical signaling, heat-dissipating design and packaging. Augmentix provides expertise in designing government and military-grade, rugged systems and intelligent high-availability servers.

Together, the company will continue to serve mobile and server platforms, and module form factors for thermally intensive, highly reliable and performance-oriented applications.

Wayne Lieberman, CEO of Entorian Technologies, said: "Additionally, the Augmentix acquisition brings new revenue opportunities, including an established revenue base through a significant OEM, and an impressive customer list that includes most branches of the US Armed Forces, and top system integrators including Raytheon, Secure Computing and Northrup Grumman."