Announced
Completed
Financials
Tags
Electronic Components and Equipment
United States
Public
Friendly
Single Bidder
wireless technology
Acquisition
Domestic
Majority
Completed
Synopsis
Amphenol, an electronic connector manufacturing company, completed the acquisition of PCTEL, a wireless technology solutions provider, for $140m. “This transaction follows a nearly yearlong strategic process that has been overseen and approved by the Board of Directors. With this transaction, we are pleased to deliver cash value to our dedicated stockholders, find a well-aligned company culture for our valuable people, and position PCTEL to embark on its next phase of growth as part of an industry-leading corporation,” Jay Sinder, PCTEL Chairman.
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