SPX Technologies (SPXC) announced that it has entered into a definitive agreement to purchase Kranze Technology Solutions, KTS, a leader in digital interoperability and tactical networking solutions. Upon closing, KTS will become a part of SPX Technologies’ Communication Technologies platform, within its Detection & Measurement segment. Under the terms of the agreement, SPX Technologies will purchase KTS and certain significant tax attributes for approximately $350 million in cash. KTS is anticipated to generate revenue of approximately $90 million for the full year 2025, with a segment income margin and revenue growth rate that are both modestly above the Detection & Measurement segment average.
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