Anaren Inc (NASDAQ:ANEN)

Anaren, Inc. provides microelectronics and microwave components and assemblies for the wireless and space and defense electronic markets. It designs components and subsystems for wireless communication systems, such as wireless infrastructure, wireless consumer and medical applications, as well as advanced radar, beam-forming, jamming, motion control and receiver applications for the space and defense markets. It conducts business through two segments, namely, Wireless Group and Space & Defense Group. The Wireless Group segment's products are used in communication systems, either in user equipment, such as wireless local area network, cellular handsets and bluetooth devices or satellite television reception applications or on the network infrastructure side, such as cellular telephone base stations or television broadcast equipment applications. The Space & Defense Group segment designs and manufactures advanced microwave-based hardware for use in advanced radar systems, advanced, jamming systems, smart munitions, electronic surveillance systems and satellite and ground based communication systems. The company was founded in 1967 by Hugh A. Hair and Carl W. Gerst, Jr. and is headquartered in East Syracuse, NY.