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Information Technology Services M&A image Information Technology Services M&A » By The Online Investor Staff, updated Thu., Apr. 18, 12:55 PM Recent mergers and acquisitions in the Information Technology Services M&A category.

This Slide: #53 of 100

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 IT integration solutions, security products, managed IT services, cloud services, purpose built network adapters, and cluster computer systems. Co. operates in two segments: Technology Solutions (TS) and High Performance Products (HPP). The TS segment consists of Co.'s subsidiary, Modcomp, Inc., which provides products and services such as integration solutions, third-party hardware, software, and technology products, other services, and managed IT and cloud services. The HPP segment has three product lines: a cybersecurity solution marketed as ARIA™ Software-Defined Security; the Myricom® network adapters; and the Multicomputer product portfolio.

Open the CSPI Page at The Online Investor »

CSPI — Key Stats (updated 2 hours, 25 minutes ago)
Company Name:  CSP Inc
Stock buyback:  CSPI buyback
Website:  www.cspi.com
Sector:  Information Technology Services
Number of ETFs Holding CSPI:  4
Total Market Value Held by ETFs:  $6.56M
Total Market Capitalization:  $166.00M
% of Market Cap. Held by ETFs:  3.95%
 

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April 18, 2024  •  12:55 PM Eastern
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