Maury Microwave Acquired By Private Equity Investor
Ontario, California-based Maury Microwave, a developer of RF calibration, measurement, and modeling products, said on Thursday that it has been acquired by private equity investor Artemis Capital Partners. Financial terms of the acquisition were not announced. Maury microwave was founded in 1957, with customers in the telcommunications, semiconductor, aerospace, defense, instrumentation, and research industries. As part of the acquisition, Euan Milne of Artemis (Principal) joins Maury’s board of directors, as do James Ward (Artemis Managing Partner) and Taylor Murphy (Artemis Associate). Maury Microwave will continue to have its headquarters in Ontario.