Paul,
I talked on the phone to Gary Olin, the IR guy from MRCY. This company sounds great. The defense side grows 25-30% a year,
organically only, and they are always working on new applications. The CT side grows from 40-60% annually, next generation applications, already
selected by GE, Siemens, and Marconi.
MRCY makes hardware and software embedded computers/solutions for the high-end users. When companies need something, they can't do it
themselves, so there sits MRCY.
They sold their SANergy, because when they looked at the field, they realized it needed software to get the data from the storage area to the desktop,
with multiple users simultaneously retrieving the data. So they created it. But they would then have to create a sales force, customer base to market it.
Not their focus, hence the sale.
I realize this is not well put, because I have to leave in a minute, but I was impressed. |
