Pctel Acquires Wi-sys, Specialist In Gps Antenna Technology

摘要

PCTEL Inc., a provider of propagation and optimization solutions for the wireless industry, announced that it has acquired Wi-Sys Communications Inc., an Ottawa, Canada-based company that specializes in GPS antenna and receiver technology. In 2008 Wi-Sys s proprietary products and technology generated approximately $2.2 million in revenue. PCTEL will pay $2.1 million for Wi-Sys and will fully integrate the Wi-Sys operations into its Antenna Products Group (APG). This acquisition is consistent with our focus on high-value antennas for the Enterprise, said Marty Singer, PCTEL s chairman and CEO. GPS has been a strong product line for us over the past several years and we have been exploring ways to bring more focus to our efforts in this area. Many of the exciting, new precision GPS antenna applications, such as agriculture, military, and network timing, are in the early phases of deployment and growth. We believe that PCTEL is well positioned to participate in the industry s development, added Singer.