Global Sourcing Service for China,Taiwan,Asia Strategic Sourcing and Procurement Sourcing Provider: PCTEL Acquires Wi-Sys

From:http://www.ready-sourcing.com/sourcing-news/auto/pctel-wisys.html

PCTEL will pay $2.1 million for Wi-Sys

PCTEL, Inc., announced today (January 5) that it has acquired Wi-Sys
Communications Inc., an Ottawa, Ontario, Canada–based company that specializes
in GPS antenna and receiver technology. PCTEL will pay $2.1 million for Wi-Sys
and plans to fully integrate the latter company’s operations into its Antenna
Products Group (APG).
In 2008 Wi-Sys’ proprietary products and technology generated approximately
$2.2 million in revenue. The company’s core, low-noise and low-current
products include a family of magnetic and fixed-mount GPS antennas, OEM
antennas, and integrated GPS receiver/antennas targeting the diversified
professional GPS market. These include integration in military, public safety,
marine, and commercial systems.
Wi-Sys products are used in covert antenna applications, commercial vehicle
tracking, and precision agriculture. Its product line includes antennas for GPS
L1/L2 and for Iridium and GlobalStar satellite communications systems. With the
acquisition, PCTEL will extend its product offering and technology base, which
includes timing, aviation, land-vehicle, and WAAS-capable antennas. The Wi-Sys
product line will also be sold through PCTEL’s existing distribution channels.
“GPS has been a strong product line for us over the past several years and we
have been exploring ways to bring more focus to our efforts in this area,”
said Marty Singer, PCTEL’s chairman and CEO. “Many of the exciting, new
precision GPS antenna applications, such as agriculture, military, and network
timing, are in the early phases of deployment and growth. We believe that PCTEL
is well positioned to participate in the industry’s development.”
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