Behrman's Data Device Carves Out National Hybrid for $32.5M
July 09, 2013
Data Device, a portfolio company of Behrman Capital, has acquired National Hybrid from API Technologies (NASDAQ: ATNY) in a transaction valued at $32.5 million. National Hybrid designs and manufactures military-standard data networking technology, specializing in critical components for the defense and aerospace sectors. Data Device, a New York-based manufacturer, makes data networking, motion control, and solid-state power controller products for aerospace, defense and industrial applications.