Under the terms of the purchase, Drumgrange have, in addition to the business name and trading style 'Raven Research', acquired all Intellectual Property (IP) owned by the Company.
Over the past decade Drumgrange have utilised Raven Research products in their Communication Simulation Training System, ComSim.
This acquisition provides Drumgrange with complementary technologies which will broaden its existing product portfolio and in so doing support its strategy for future growth.
George Howe, Drumgrange Managing Director commented:
"The purchase of Raven Research assets not only secures the ability for Drumgrange to provide on-going support for the ComSim programme but also provides opportunities to further develop and exploit the Raven Research Product range".
Drumgrange Ltd. is a thriving independent UK systems engineering house with a proven track record for the rapid realisation of demanding defence industry design tasks combined with high quality manufacturing. Drumgrange is expert in the integration of existing technology to create successful, cost effective solutions and is backed by the full range of in-house support services.
For further information contact:
Tanya Price, Marketing Manager