.
MergerLinks Header Logo

New Deal


Announced

Completed

Element Materials Technology completed the acquisition of AIRCOM Labs from TEOCO.

Synopsis

Element Materials Technology, a provider of testing, inspection and certification services, completed the acquisition of AIRCOM Labs, a provider of device testing services for device manufacturers, communication service providers and regulators, from TEOCO, a provider of analytics, assurance and optimization solutions. Financial terms were not disclosed. “I am delighted to welcome AIRCOM Labs to the Element Group. AIRCOM Labs’ strategic position as sole testing provider approved by all major US carriers is a perfect fit for the Group’s growth plans for our connected technologies business. This acquisition significantly strengthens our relationships with existing mobile device manufacturing clients in North America, and extends our global capabilities for our customers," Jo Wetz, Element CEO.

Principals

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US