APA Optics Acquires CSP

MINNEAPOLIS -- APA Optics (Nasdaq: APAT) today announced that it signed a purchase agreement to acquire certain assets of Computer System Products, Inc. (CSP), a privately held company, for cash and common stock warrants, and assumption of certain liabilities. CSP designs, manufactures and markets standard and custom fiber optic and copper cable assemblies, value-added fiber optic frames, panels and modules for the data communication and telecommunication industries. APA Optics, Inc. manufactures and markets advanced products for the fiber optic communications, optoelectronics and laser industries, including Dense Wavelength Division Multiplexer (DWDM), ultraviolet (UV) detectors, Nitride epitaxial layers and custom optics. APA Optics Inc.