PCTI, PCTEL Inc.

PCTEL, Inc. (NASDAQ: PCTI),PCTEL, Inc. (NASDAQ: PCTI), a leader in antenna and scanning receiver solutions announced that it had acquired the assets of Envision Wireless, an engineering services business based in Melbourne, Florida. Envision focuses on the RF issues pertaining to in-building coverage and capacity and its target market is relevant to PCTEL’s antenna and scanning receiver businesses. The company provides value-added analysis of collected data. They provide services to the public cellular carriers, network infrastructure providers, and real estate concerns.

PCTEL paid $1.45 million in cash for the assets. The company’s founders and key employees will be joining PCTEL. PCTEL anticipates generating about $200,000 a month in revenue from this new operation.

“In-building represents one of our key, vertical antenna markets,” said Marty Singer, PCTEL’s Chairman and CEO. “Additionally, our scanning receivers are widely used by network engineers in resolving in-building design issues. We plan on expanding Envision’s current operation and leveraging their activities into sales of both antennas and scanning receivers,” added Singer.

PCTEL, Inc. develops antenna, scanning receiver, and network solutions for the global wireless market. The company's SeeGull scanning receivers, SeeHawk visualization tool, and CLARIFY system measure, monitor and optimize cellular networks. PCTEL develops and supports scanning receivers for LTE, TD-LTE, EVDO, CDMA, WCDMA, TD-SCDMA, GSM, and WiMAX networks.

More about PCTI at www.pctel.com

Read full article at: http://pennygovernance.com/?p=17007

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