RF Industries Purchases CUI

July 14, 2011
RF INDUSTRIES has completed its acquisition of privately owned Cables Unlimited, Inc. (CUI), effective June 16. The purchase price for the cash-and-equity deal was $5,600,000. RF Industries paid $2,800,000 in cash and issued 762,738 shares of ...

RF INDUSTRIES has completed its acquisition of privately owned Cables Unlimited, Inc. (CUI), effective June 16. The purchase price for the cash-and-equity deal was $5,600,000. RF Industries paid $2,800,000 in cash and issued 762,738 shares of common stock to the seller at closing. In addition, Darren Clarkthe sole owner and co-founder of Cables Unlimitedhas been added to RF Industries' board of directors.

Based out of Long Island, NY, CUI reported revenue of approximately $6,200,000 along with non-audited, non-GAAP-adjusted EBITDA of approximately $645,000in the 12-month period ending December 31, 2010. In addition to CUI's fiber-optic cabling and connector product lines, the acquisition provides San Diego-based RF Industries with an East Coast presence.

Sponsored Recommendations

Ultra-Low Phase Noise MMIC Amplifier, 6 to 18 GHz

July 12, 2024
Mini-Circuits’ LVA-6183PN+ is a wideband, ultra-low phase noise MMIC amplifier perfect for use with low noise signal sources and in sensitive transceiver chains. This model operates...

Turnkey 1 kW Energy Source & HPA

July 12, 2024
Mini-Circuits’ RFS-2G42G51K0+ is a versatile, new generation amplifier with an integrated signal source, usable in a wide range of industrial, scientific, and medical applications...

SMT Passives to 250W

July 12, 2024
Mini-Circuits’ surface-mount stripline couplers and 90° hybrids cover an operational frequency range of DC to 14.5 GHz. Coupler models feature greater than 2 decades of bandwidth...

Transformers in High-Power SiC FET Applications

June 28, 2024
Discover SiC FETs and the Role of Transformers in High-Voltage Applications