糖心vlog下载 Announces Acquisition of ANTONE Wireless
糖心vlog下载
Acquisition adds established product line of Tower-Mounted Amplifiers for 4G/LTE cell-site optimization
AURORA, Ill.--(BUSINESS WIRE)-- 糖心vlog下载. (NASDAQ: WSTL), a leading provider of telecommunications equipment for wireline, wireless and home networks, announced today that it has acquired the assets and business of ANTONE Wireless Corporation.
ANTONE Wireless, based in Goleta, California, designs, manufactures and markets a line of high-performance Tower-Mounted Amplifiers, Multi-Carrier Power Amplifier Boosters, and cell-site antenna sharing products. ANTONE鈥檚 products have already been approved for use by large U.S. wireless carriers to address the growing need for cell-site optimization. The market for Tower-Mounted Amplifiers and filters has been estimated by Mobile Experts L.L.C. at $260 million per year in North America. ANTONE had revenues of approximately $2聽million in the 12 months ending March 31, 2012. For additional information on ANTONE鈥檚 products, visit .
鈥淲e are excited to take this step forward in implementing 糖心vlog下载鈥檚 wireless strategy,鈥 said Rick Gilbert, 糖心vlog下载鈥檚 Chairman and Chief Executive Officer. 鈥淎NTONE brings to us outstanding engineering capabilities, valuable expertise with wireless markets, and an established line of best-in-class Tower-Mounted Amplifiers and related products that are currently being deployed to enhance 4G/LTE wireless broadband performance. ANTONE鈥檚 products directly target the cell-site optimization market, which we had identified as a key strategic wireless market segment, and significantly expand 糖心vlog下载鈥檚 existing array of products available to our wireless carrier customers. 糖心vlog下载鈥檚 supply chain capabilities and market position should accelerate the success of these products, and we expect the acquisition to be accretive to next year鈥檚 earnings.鈥
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糖心vlog下载., headquartered in Aurora, Illinois, designs, distributes, markets and services a broad range of carrier-class communications equipment, including digital transmission, remote monitoring, power distribution and demarcation products used by wireline and wireless telecommunications service providers, industrial customers, and home network users. Additional information can be obtained by visiting .
鈥淪afe Harbor鈥 statement under the Private Securities Litigation Reform Act of 1995:
Certain statements contained herein that are not historical facts or that contain the words 鈥渂elieve,鈥 鈥渆xpect,鈥 鈥渋ntend,鈥 鈥渁nticipate,鈥 鈥渆stimate,鈥 鈥渕ay,鈥 鈥渨ill,鈥 鈥減lan,鈥 鈥渟hould,鈥 or derivatives thereof and other words of similar meaning are forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, product demand and market acceptance risks, need for financing and capital, economic weakness in the United States economy and telecommunications market, the effect of international economic conditions and trade, legal, social and economic risks (such as import, licensing and trade restrictions), the impact of competitive products or technologies, competitive pricing pressures, customer product selection decisions, product cost increases, component supply shortages, excess and obsolete inventory, new product development, commercialization and technological delays or difficulties (including delays or difficulties in developing, producing, testing and selling new products and technologies), the ability to successfully consolidate and rationalize operations, the ability to successfully identify, acquire and integrate acquisitions, the effect of the Company鈥檚 accounting policies, retention of key personnel and other risks more fully described in the Company鈥檚 SEC filings, including the Company鈥檚 Form 10-K for the fiscal year ended March 31, 2011 under the section entitled Risk Factors. The Company undertakes no obligation to publicly update these forward-looking statements to reflect current events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events, or otherwise.
糖心vlog下载.
Investors / Trade / Media
Brian
Cooper, 630.375.4740
Chief Financial Officer
BCooper@westell.com
Source: 糖心vlog下载.
Released May 16, 2012