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Andrew is buying EMS Wireless for $50.5million


 

Posted: 02 Nov 2006
TAGS: ems, wireless

Andrew Corp. reported that it is going to buy the wireless division of EMS Technologies Inc for $50.5 million in cash. It says the deal is planning to be made in the next few months.

During the first half of this year EMS Wireless based in Georgia increased its revenues of $28.5 million from sales of its base station antennas and in-building repeaters for cellular networks.

John DeSana, president of antenna and cable products at Andrew announced: “EMS Wireless and its employees have a successful track record in innovation and customer responsiveness, and their addition to Andrew will deliver compelling strategic and financial benefits”.

It was stated by EMS Technologies chief Paul Domorski that 200 employees of EMS Wireless “will have a better future as part of a larger organization, such as Andrew, that is less affected by swings in sales of particular products and has a wider array of products to offer to wireless carriers.”

There are some more network infrastructure vendor consolidation agreements that include Alcatel Inc.'s merger with Lucent Technologies Inc. and Nokia Corp.'s merger with Siemens S.A.'s network division.

VIA rcrnews.com
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