UHP Networks Inc. is a manufacturer of satellite networking equipment, specializing in Very Small Aperture Terminal (VSAT) technology. Their core products include universal satellite routers (UHP) and advanced Network Management Systems, known for high throughput and software-defined capabilities. UHP's solutions are utilized by Tier 1 telecom service providers, broadcasters, and government agencies for audio, video, and data transmission services. They partner with companies like ABS and Integrasys and their technology is used in VSAT services across Africa, Asia, the Pacific, and the Middle East.
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Vagan Shakhgildian was CEO of Canada-based VSAT network equipment maker UHP Networks before joining Comtech last year, and Comtech acquired UHP Networks in 2021-03-01.
Dr. Vagan Shakhgildian joined Comtech in March 2021 as part of the acquisition of Canada-based UHP Networks.
Comtech Telecommunications Corp. closed the acquisition of UHP Networks Inc. on 2021-03-03.
UHP Networks has developed time division multiple access (TDMA) technology used in its VSAT platforms.
Comtech paid an initial up-front payment of approximately $24,000,000 in shares of Comtech common stock for the UHP acquisition.
Comtech is acquiring very small aperture terminal provider UHP Networks of Canada for $40,000,000.