Tuesday, 19 February 2019

Andrew buys Celiant for US$470 million

By Total Telecom staff
Tuesday 19 February 02

U.S. mobile equipment vendor Andrew Corp. said on Tuesday it has agreed to pay US$470 million in cash and stock for privately-held, fellow manufacturer Celiant Corp. Andrew said the acquisition of Celiant, which was spun out from Lucent Technologies last year, will enhance its position as the market leader in wireless subsystems infrastructure products…

U.S. mobile equipment vendor Andrew Corp. said on Tuesday it has agreed to pay US$470 million in cash and stock for privately-held, fellow manufacturer Celiant Corp. Andrew said the acquisition of Celiant, which was spun out from Lucent Technologies last year, will enhance its position as the market leader in wireless subsystems infrastructure products…

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