Mobix Labs completed the acquisition of RaGE Systems for $20m.

Mobix Labs, a manufacturer of semiconductors that are used for 5th generation technology, completed the acquisition of RaGE Systems, a provider wireless solutions for telecommunications, infrastructure, aerospace, defense, and commercial sectors, for $20m. “We are excited to further our collaboration with the RaGE Systems team on developing breakthrough wireless communications systems and integrated circuits. We believe the acquisition will spur increased innovation, extend our customer base, broaden the markets we serve, and accelerate our ability to extend our industry-leading technology portfolio. This will increase the pace of developing additional next-generation wireless products for our customers,” Fabian Battaglia, Mobix Labs CEO.