FX.co ★ Dover Buys RF Device Provider Criteria Labs; Terms Not Disclosed

Dover Corp. (DOV), a renowned manufacturer and solutions provider, announced on Monday its acquisition of Criteria Labs, Inc., a company specializing in RF device and microelectronic engineering solutions. The financial terms of this transaction have not been disclosed.

Criteria Labs offers tailored RF device and microelectronic engineering solutions for high-reliability applications across several sectors, including space, aerospace, defense, commercial semiconductor, automotive, and medical industries.

As part of this acquisition, Criteria Labs will be integrated into the Microwave Products Group (MPG) within Dover's Engineered Products segment.

Criteria Labs operates a primary facility in Austin, Texas, which features an extensive clean room designed for space test engineering, assembly, and packaging. Its additional facility in Penrose, Colorado, focuses on electronic component tape and reel packaging services.

Dover foresees that this acquisition will significantly enhance MPG's capacity to meet the stringent Size, Weight, and Power (SWaP) requirements that are vital for electronic warfare and communication systems.