PCTEL, which specializes in propagation and optimization solutions for the wireless industry, has acquired the antenna product lines of Bluewave Antenna Systems, a privately-held, Canadian company. Bluewave Antenna Systems designs, manufactures, and distributes rugged antennas for harsh conditions, targeting manufacturing process control in the energy and utility industries and communication systems in extreme environments. PCTEL will assume the design and final assembly of the three major product lines at its Bloomingdale facility. PCTEL paid $3.9 million in cash for the product lines and associated technology.
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Thursday, March 13, 2008
PCTEL Acquires Bluewave Product Line
Thursday, March 13, 2008
Financial