PCTEL Announces Closing of its Acquisition by Amphenol Corporation
15 Décembre 2023 - 10:56PM
Business Wire
PCTEL, Inc. (Nasdaq: PCTI) (“PCTEL” or the “Company”), a leading
global provider of wireless technology solutions, today announced
that it has been acquired by Amphenol Corporation (NYSE: APH)
(“Amphenol”), one of the world’s largest providers of
high-technology interconnect, sensor and antenna solutions. Under
the terms of the previously announced agreement, PCTEL stockholders
are receiving $7.00 in cash for each share of common stock they
own. Following the acquisition, PCTEL is a wholly owned subsidiary
of Amphenol, and PCTEL shares are no longer publicly traded.
About PCTEL
PCTEL is a leading global provider of wireless technology
solutions, including purpose-built Industrial IoT devices, antenna
systems, and test and measurement products. Trusted by our
customers for over 29 years, we solve complex wireless challenges
to help organizations stay connected, transform, and grow.
For more information, please visit our website at
www.pctel.com/.
About Amphenol
Amphenol is one of the world’s largest designers, manufacturers
and marketers of electrical, electronic and fiber optic connectors
and interconnect systems, antennas, sensors and sensor-based
products and coaxial and high-speed specialty cable. Amphenol
designs, manufactures and assembles its products at facilities in
approximately 40 countries around the world and sells its products
through its own global sales force, independent representatives and
a global network of electronics distributors. Amphenol has a
diversified presence as a leader in high-growth areas of the
interconnect market including: Automotive, Broadband
Communications, Commercial Aerospace, Industrial, Information
Technology and Data Communications, Military, Mobile Devices and
Mobile Networks. For more information, visit
https://www.amphenol.com.
PCTEL® is a registered trademark of PCTEL, Inc. © 2023 PCTEL,
Inc. All rights reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20231215740321/en/
PCTEL Company Contact Suzanne Cafferty Vice President,
Global Marketing PCTEL, Inc. (630) 339-2107
public.relations@pctel.com
Amphenol (NYSE:APH)
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