TeleCommunication Agrees to Buy PE-backed Trident

Mobile technology company TeleCommunication Systems will pay an undisclosed amount for private equity-backed Trident Space & Defense. Torrance, Calif.-based Trident develops engineering and electronics technology for space and defense markets. The company is owned by private equity firm Admiralty Partners. No financial terms of the acquisition were released. Publicly traded TeleCommunication Systems is based in Annapolis, Maryland.

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