Satellite TODAY
Welcome to Satellite TODAY, the Internet's leading source for business news, market research and competitive analysis in the satellite communications industry. To learn more about a paid subscription as well as complimentary content on this site, please click subscribe.
Resources
Home |  Login 
Satellite Store Subscriptions About Us
TODAY'S HEADLINES

EMS Completes Sale Of Wireless Division To Andrew

EMS Technologies Inc. has completed the sale of its EMS Wireless division to Andrew Corp. for about $50 million in cash, EMS announced Dec. 1.

Andrew has acquired all of the operating assets of EMS Wireless, which produces base station antennas for wireless applications and in-building and repeater systems, as well as the unit's operating liabilities. Andrew also has retained the majority of EMS Wireless' 200 employees.

"I believe EMS Wireless and its employees have a bright future with a larger organization that has both the size and broader product line to address the unique issues encountered in Cellular/PCS equipment markets," Paul Domorski, president and CEO of EMS, said in a statement. "This transaction will enable me and other management personnel of EMS Technologies to concentrate on the development of our three remaining businesses, Defense & Space Systems, LXE and EMS Satcom. The strength of these businesses and our strong financial resources will enable us to fund internal [research and development] projects, as well as to pursue market and strategic opportunities."


Home | VIP Subscriptions | Advertise | Resources | Login | About Us | Privacy Policy | Shopping Cart | Site Map |
ST's SATELLITE NEWS ANALYSIS | SATELLITE 2008 | VIA SATELLITE MAGAZINE | STRATEGIC PLANNING AND RESOURCE GUIDE | SATELLITE BUSINESS SOLUTIONS