NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Cambridge Capital Acquisition Corporation (NASDAQ: CAMB; CAMBW; CAMBU) (“Cambridge”) and privately-held Ability Computers & Software Industries Ltd. (“Ability”) today jointly announced the execution of a definitive agreement under which Ability will merge with Cambridge. Headquartered in Tel Aviv, Israel, Ability was founded in 1994 and is a provider of innovative communications intelligence solutions used by government agencies, military forces