Leader in RF Calibration, Measurement, and Modeling enters a new era of strategic partnership, innovation, and growth.
FREMONT, CA: Artemis Capital Partners, a Boston-based private equity group focused on building and buying exceptional Industrial Technology companies whose people & products accelerate and improve long-term human health, connectivity, security, mobility, and productivity, has acquired Maury Microwave Inc., a pioneering leader in RF calibration, measurement, and modeling solutions.
Maury is a trusted technological solutions partner to many of the world's largest manufacturers in the wireless technology chain since its foundation in 1957. Maury's technology portfolio helps its customers push wireless technology boundaries throughout the telecommunications, semiconductor, aerospace, defense, instrumentation, and research industries. Maury's products and services minimize the cost of testing and eventually accelerate creating the most innovative and competitive products in the industry, from power, efficiency, and reliability to assuring faster time-to-market. Calibration, measurement, modeling, and connectivity technologies are all part of the company's full array of products, ranging from RF to terahertz. Everything from turnkey measurement & modeling device characterization solutions for IC design, semiconductor technology development, and design validation assessment to the industry's most dependable cable assemblies and adapters designed to minimize measurement uncertainties and provide confidence in measurement techniques and models.
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According to Michael Howo, Maury's Chief Executive Officer, a partnership with Artemis was a natural fit for Maury's next chapter: "At Maury, besides our employees, the two things that we take most seriously are continuous innovation and having a service mindset. This is embodied by our founders and employed every day in our commitment to our customers, whose immediate application demands, challenges, and long-term successes we view as our own. We chose to partner with Artemis because they also embrace our service mindset paradigm and bring both an aligned vision and the strategic resources necessary for Maury's next chapter of growth. Because of that, Maury's customers can count on our unwavering commitment to performance, service, and innovation."
Looking to the future, Mr. Howo added: "Our partnership with Artemis will help us execute our strategic goals, accelerate our technology roadmap and, most importantly, invest in the growth and development of our employees and team. We are confident that our partnership with Artemis will enable us to reach our full potential as the leader in RF test and measurement."
Mr. Howo, Artemis Managing Partner James Ward, and Artemis Associate Taylor Murphy will join Mr. Milne on the Maury board of directors. In addition, more industry professionals are expected to get chosen as independent board members within the coming months.
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