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| Communications & Power Industries Completes Acquisition Of ECONCO PALO ALTO, Calif. & WOODLAND, Calif. -- Oct. 11, 2004 Communications & Power Industries, Inc. (CPI) today announced that it has completed its previously announced acquisition of ECONCO Broadcast Service, Inc. ECONCO is the world's leading provider of rebuilding services for vacuum electron devices (VEDs), allowing broadcasters and other users of these critical products to extend the life of their devices, at a cost that is lower than buying a complete new VED. ECONCO was established in 1968, and in the intervening 37 years has developed methods for rebuilding a vast array of VEDs manufactured by most of the leading VED OEMs. ECONCO serves over 10,000 customers from all corners of the globe. CPI is the nation's leading provider of vacuum electron devices (VEDs), satellite communications amplifiers, medical imaging generators, and other related equipment for defense and commercial applications. Since the founding of its predecessor company (Varian) in the 1940s, CPI has established its leadership position in VEDs, providing products and technology critical to state-of-the-art defense, medical, communications, industrial and scientific applications. Headquartered in Palo Alto, CA, CPI's operations fall within five divisions: Microwave Power Products, Satcom, Communications & Medical Products, EIMAC, and Beverly Microwave Products. CPI maintains manufacturing facilities in the east and west coasts of the United States, as well as Canada, and has a worldwide sales, marketing and service network. |
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