Sunday, January 4, 2009

PCTEL Acquires Wi-Sys for GPS Antenna Optimization

PCTEL, which develops propagation and optimization solutions for the wireless industry, has acquired Wi-Sys Communications, an Ottawa, Canada based company that specializes in GPS antenna and receiver technology, for $2.1 million. Wi-Sys' core products include a family of magnetic and fixed mount GPS antennas, OEM antennas and integrated GPS receiver-antennas to address GPS requirements at all levels of integration in military, public safety, marine and commercial applications. In 2008, Wi-Sys' proprietary products and technology generated approximately $2.2 million in revenue.