Deal Snapshot
PCTEL Acquires Swedish Smarteq Wireless to Expand Antenna Portfolio
Tuesday 04 May 2021

US-based wireless technology PCTEL, Inc. (NASDAQ: PCTI) has acquired Sweden-based antenna supplier Smarteq Wireless AB from Allgon AB to expand vehicular and IoT antenna portfolio, the company said.

Smarteq gives PCTEL has a strong local presence, expertise, and channel partners to accelerate growth in Europe, as well as a complementary portfolio of products for PCTEL's Industrial IoT and intelligent transportation customers worldwide.

Date Published: 04/05/2021