December 22, 2015
SAN DIEGO. Officials at Cubic Corp. have signed a definitive agreement to acquire GATR Technologies, Inc. (GATR) and announced the acquisition of TeraLogics, LLC. The purchase price for TeraLogics is $39 million, including $9 million of contingent consideration, and subject to other customary adjustments per the terms of the stock purchase agreement. GATR’s purchase price is $232.5 million, including $7.5 million of contingent consideration, and subject to customary pre- and post-close adjustments.