UbiNetics sells SPG
Aeroflex, the manufacturer of mobile comms testing solutions, is to buy the test and measurement division of UbiNetics, for $81million.
The latter, which is known as SPG, is headquartered in England, and makes wireless test and measurement solutions, particularly addressing infrastructure and handset testing.
Aeroflex’s chief operating officer Len Borow said, “The addition of SPG’s wireless test and measurement products and technologies is expected to enhance Aeroflex’s wireless product portfolio and is designed to enable us to provide more complete testing solutions for the development, manufacturing and service markets, and to have greater exposure to the R&D labs of the world’s leading network vendors and operators.
“We believe there is a significant synergy between SPG and Aeroflex’s Test Solutions division, which is expected to lead to important opportunities for future product developments,” he added.
SPG had sales of $34million in its last financial year, which ended in March.