StoneCalibre Acquires Broadcast Microwave Services, Inc

June 10, 2015 16:20 ET

StoneCalibre Acquires Broadcast Microwave Services, Inc. From Cohu, Inc.

Industry: Aerospace and Defense

LOS ANGELES, CA–(Marketwired – Jun 10, 2015) – StoneCalibre, LLC (“StoneCalibre”) is pleased to announce that one of its affiliates has acquired Broadcast Microwave Services, Inc. (“BMS” or the “Company”), a subsidiary of Cohu, Inc. (NASDAQ: COHU) (“Cohu”). Headquartered in Poway, CA with an additional sales and service office in Taunusstein, Germany, BMS designs, develops, and manufactures mobile microwave communications equipment including transmitters, receivers, antennas, and accessories that enable the transmission of real-time video, audio, telemetry, and sensor data from manned aircrafts, unmanned aerial vehicles (“UAVs”), and ground platforms.

For over 33 years, BMS has been designing and manufacturing a portfolio of leading edge technology systems that serve a diverse, high quality customer base within the government surveillance, law enforcement, UAV, and broadcast end markets. The Company’s reputation for both industry-leading products and premier customer service has established BMS as among the market leaders in the mobile microwave industry and a prime candidate in the high-growth commercial UAV market.

“We are delighted to welcome the talented employees of BMS to the StoneCalibre portfolio as our first platform investment in aerospace and defense,” said Brian Wall, Founder and Chief Executive Officer of StoneCalibre. “BMS is truly the downlink expert in this industry, and the product portfolio that BMS has developed is exceptional. We appreciate the opportunity to continue to serve the Company’s customer base and support their mission critical needs.”

“StoneCalibre approached the entire process with the utmost professionalism,” said James A. Donahue, Executive Chairman of the Board of Cohu. “At every stage, StoneCalibre demonstrated a thorough and thoughtful approach, and they gave us confidence around their ability to both execute and deliver transaction certainty.”

Graham Bunney, President and VP of Engineering of BMS, expressed his enthusiasm for partnering with StoneCalibre. “This transaction represents a defining moment for the Company. With the backing of StoneCalibre, we are committed to exploring all avenues to further our relationships with existing and potential new customers.”

Philpott Ball & Werner, LLC acted as the exclusive financial advisor to Cohu.

About StoneCalibre

Headquartered in Los Angeles, CA, StoneCalibre is a privately funded investment firm specializing in the acquisition of lower middle market companies. Founded by Brian Wall in late 2012, StoneCalibre is focused on making investments in both special situations and quality long-term capital investment opportunities. For more information please visit our website at www.stonecalibre.com.

About Cohu

Cohu is a leading supplier of semiconductor test and inspection handlers, micro-electro mechanical system (MEMS) test modules, test contactors and thermal sub-systems used by global semiconductor manufacturers and test subcontractors as well as a supplier of mobile microwave communications equipment.

For press releases and other information of interest to investors, please visit Cohu’s website at www.cohu.com.

CONTACT INFORMATION

  • For more information, please contact:

Nick Matzke
Business Development
StoneCalibre, LLC
Phone: (310) 774-0376
Fax: (310) 427-7448
Email Contact

Visit BMS Inc. at AUVSI Unmanned Systems 2015 | Booth #2812 | BMS – The Downlink Experts

BMS is pleased to be exhibiting at AUVSI’s Unmanned Systems conference at the Georgia World Congress Center in Atlanta, May 5th though the 8th.  BMS will be demonstrating solutions for long range, real-time line of sight video data links as well as tracking antenna systems at booth #2812.

BMS COFDM wireless video solutions provide broadcast image quality with low latency and exceptional link reliability. BMS’s time proven wireless HD COFDM technology delivers when quality real-time video and sensor data are essential. At Unmanned Systems 2015, BMS will demonstrate HD video downlinks via our range of real-time H.264 encoding transmitters to 2-way and 6-way diversity receivers – including the new CarryViewer 4 handheld receiver.

BMS tracking antenna systems provide multi-band, multi-tracking technology options in a single highly portable enclosure. Designed to support line of sight operations with ranges to 200 km, BMS tracking antenna solutions are compatible with a wide variety of receivers and waveforms.

Stop by to see our broad range of compact transmit and receive solutions for unmanned platforms and ground stations or visit us anytime online at www.bms-inc.com.

BMS increases focus of product operations at Poway Center of Excellence

BMS, Inc., the leader in COFDM Wireless Datalinks to the security and broadcast markets, is consolidating global development and production into our facilities located in Poway, California.  This consolidation ensures all BMS products and processes will benefit from continuous improvement through our ISO 9001 quality control systems in Poway. European Sales and Customer Service will remain in Germany located in Taunusstein, Germany, with global sales and service through the corporate headquarters in Poway, California.

For continued support please contact:

Alexander Normann
Sales Manager
Taunusstein, Germany
anormann@bms-inc.com
+49 6124 7239

Bill Sweeney
VP Sales & Marketing
Poway, California  USA
bsweeney@bms-inc.com
+1-858-391-3050

www.bms-inc.com

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