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Aeroflex Inc. was an American company which produced test equipment, RF and microwave integrated Integrated circuit, circuits, components and systems used for wireless communications. Its headquarters were located in Plainview, New York, Plainview, New York (state), New York. In May 2014, Aeroflex was acquired by the UK aerospace company Cobham plc, Cobham for $1.46 billion. Overview Aeroflex consisted of Aeroflex Microelectronic Solutions (AMS), a Fabless semiconductor company, fabless manufacturer of Radiation hardening, rad-hard and high reliability semiconductor devices, and Aeroflex Test Solutions (ATS), which produced electronic test equipment. History In 2002, Aeroflex acquired IFR Systems Inc, a test equipment manufacturer from Wichita, Kansas, originally founded in 1937. In 1998, IFR previously acquired Marconi Instruments, a British test equipment manufacturer. In 2007, Aeroflex was taken private by a group of private equity firms including Veritas Capital, Golden Ga ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
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