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Norsat acquired certain business assets and assumed certain...

Norsat acquired certain business assets and assumed certain liabilities of a U.S. satellite communications systems company for about $530,000. The acquired assets include new products and associated IP, Canada-based Norsat said in a press release (http://bit.ly/17GVhqK). The purchase will allow…

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Norsat to enter new and additional areas within the satellite markets “with solid state power amplifiers, high power block upconverters, SATCOM baseband kits and microsatellite terminals,” it said. The press release did not identify the U.S. company that is selling the assets.