Comarco Inc.: The Yorba Linda-based company said...
Comarco Inc.: The Yorba Linda-based company said Thursday that it has acquired privately held software developer LCTI in Gaithersburg, Md. The company, with revenue of about $1.5 million a year, sells proprietary software used in the automated test system market.
Terms of the deal were not disclosed.
Comarco has been an LCTI customer in the past, buying its software to use in development of test programs for the U.S. Navy. Comarco provides wireless communications products, engineering services and facility management services to government and commercial clients.
Test systems are the computers that run tests on complex electronic equipment--from television sets to the navigation equipment on an aircraft carrier. LCTI was founded in 1990 to design a product to streamline the process of programming and documenting the software for electronic test systems.
It first sold its product to the U.S. Army in 1991, and all branches of the military have since purchased it. Commercial applications focus on the airline community, telecommunications and the medical and biotechnology industries.
The company will be operated as a separate unit of Comarco, said Don M. Bailey, Comarco president.