Friday, October 6, 2006

Symmetricom Acquires Timing Solutions

San Jose, California-based Symmetricom has acquired Boulder, Colorado-based Timing Solutions Corporation, in a deal worth $8.0M in cash, Symmetricom reported yesterday. Timing Solutions Corporation makes high performance time and frequency products, used in the government, aerospace, and military market. Dr. Samuel Stein, founder, President, and CEO of Timing Solutions, will join Symmetricom as VP of Research and Development.