# Mercury Systems to acquire Physical Optics Corporation for $310M

Mercury Systems has signed a definitive agreement to acquire Physical Optics Corporation (POC), a designer and integrator of avionics and mission subsystems for defense, for $310 million in cash. The deal is expected to be funded through cash on hand and Mercury's revolving credit facility.

- Type: Acquisition
- Announced: 2020-12-07
- Where: Torrance, California, United States
- Value: $310.0M
- Status: announced
- Products: avionics subsystems, data storage and transfer technologies, encryption technologies
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Mercury Systems](https://endata.com/companies/19901.md) (acquirer)
- [Physical Optics Corporation](https://endata.com/companies/41399.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2020/12/07/2140635/18849/en/mercury-systems-to-acquire-physical-optics-corporation.html), 2020-12-07: "The acquisition of Physical Optics Corporation adds important capabilities on new and existing airborne programs in the platform and mission management market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.