Amphenol completed the acquisition of PCTEL for $140m.

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.