M&A Deal Summary

PCTEL Acquires Nexgen Wireless

On March 2, 2015, PCTEL acquired software company Nexgen Wireless for 23M USD

Acquisition Highlights
  • This is PCTEL’s 1st transaction in the Software sector.
  • This is PCTEL’s largest (disclosed) transaction.
  • This is PCTEL’s 4th transaction in the United States.
  • This is PCTEL’s 1st transaction in Illinois.

M&A Deal Summary
Date 2015-03-02
Target Nexgen Wireless
Sector Software
Buyer(s) PCTEL
Deal Type Add-on Acquisition
Deal Value 23M USD

Target

Nexgen Wireless

Schaumburg, Illinois, United States
Nexgen Wireless, Inc. is a provider of innovative software and engineering services to design, deploy, optimize and manage wireless networks. Nexgen Wireless offers advanced analytics solutions through our Mobile Meridian™ Product Suite. Predictive and powerful, the Meridian Suite provides mobile operators with actionable intelligence.

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Buyer(S) 1

Buyer

PCTEL

Bloomingdale, Illinois, United States
Category Company
Founded 1994
Sector Technology Hardware
Revenue 99M USD (2022)
DESCRIPTION

PCTEL is a provider of propagation and wireless network optimization solutions. The company designs and develops software-based radios for wireless network optimization and develops and distributes innovative antenna solutions. The company's SeeGull(R) scanning receivers, receiver-based products, and CLARIFY(R) interference management solutions are used to measure, monitor, and optimize cellular networks. Its SeeGull scanning receivers are deployed in industry-leading wireless test and measurement equipment and are viewed as an essential wireless data collection tool for cellular network optimization, drive tests, and spectrum clearing. PCTEL was founded in 1994 and is based in Bloomingdale, Illinois.

DEAL STATS #
Overall 7 of 8
Sector (Software) 1 of 1
Type (Add-on Acquisition) 6 of 6
State (Illinois) 1 of 1
Country (United States) 4 of 4
Year (2015) 1 of 1
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-09 Ciao Enterprises

Lexington, North Carolina, United States

Ciao Enterprises LLC delivers wireless and fiber optic solutions into the enterprise, defense, transportation, and the carrier market.

Buy $17M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-03 Smarteq Wireless

Kista, Sweden

Smarteq Wireless is a supplier of antennas for vehicular, energy, and Industrial IoT (IIoT) applications. The company provides antennas for smart metering, luxury vehicles, electric vehicle charging stations, industrial factory process automation, heavy construction, and off-road vehicles. It focuses on external antennas that meet high standards for performance, reliability, and robustness. Smarteq serves customers in 20 countries through offices in both Sweden and France. Founded in 1996, the company has decades of experience in antenna design, production, and sales.

Buy -
Mergr

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