Mercury Computer buys Advanced Radio

Mercury Computer Systems Inc. said Wednesday it bought Advanced Radio Corp., a maker of radio frequency products, for $7 million.

Mercury, which makes computers that process digital signals such as radar and sonar for the military and medical equipment manufacturers, bought the Reston, Va.-based company by purchasing outstanding stock.

Mercury said Advanced Radio's products will improve its standing in the market for products that target signals intelligence.

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"The integrated systems are expected to significantly enhance the ability of reconnaissance platforms to detect and locate modern enemy communications systems," Mercury president and chief executive Jay Bertelli said in a press release.

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Advanced Radio's first high-performance receiver product is currently shipping, Mercury said.

Shares of Mercury stock were down 8 cents, or 0.36 percent, to $22.86 in midday trading on the Nasdaq Stock Market.