Aeroflex Announces the Acquisition of Shenick Network Systems

PLAINVIEW, NY -- Aeroflex Holding Corp. (Aeroflex), a provider of high performance microelectronic components and test and measurement equipment, announced the acquisition of Shenick Network Systems (Shenick), a provider of virtual testing for next generation software defined networking.

“Shenick provides Aeroflex with next generation technology in the rapidly growing virtual test market,” stated Len Borow, Aeroflex’s chief executive officer. “For the last two years, we have partnered with Shenick to enhance the capabilities of our wireless infrastructure test products. Our software products offer network providers the ability to emulate and measure millions of unique IP application flows to support network and application development and performance testing in next generation converged and cloud based networks.

Aeroflex expects the acquisition to be neutral to its fiscal 2014 financial results and accretive to its fiscal 2015 financial results.

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