Laird Technologies Acquires Cushcraft

Feb. 27, 2007

Laird Technologies, already a leading supplier of innovative antenna solutions, announced the acquisition of Cushcraft Corporation, adding to its antenna arsenal. The acquisition is for a reported $89.75 million. Cushcraft's product lines include compact antennas for wireless local area networks (WLANs), radio-frequency-identification (RFID) systems, WiMAX, and in-building wireless applications. According to Martin Rapp, the Chief Executive Officer (CEO) of Laird Technologies, "The combination of the two companies uniquely positions Laird Technologies to grow the combined business in emerging markets of RFID and WiMAX." Cushcraft's revenues for the fiscal year ending December 31, 2006 were $33.3 million. For more details, visit the Laird Technologies website at: http://www.lairdtech.com

About the Author

Jack Browne

Technical Contributor

Jack Browne, Technical Contributor, has worked in technical publishing for over 30 years. He managed the content and production of three technical journals while at the American Institute of Physics, including Medical Physics and the Journal of Vacuum Science & Technology. He has been a Publisher and Editor for Penton Media, started the firm’s Wireless Symposium & Exhibition trade show in 1993, and currently serves as Technical Contributor for that company's Microwaves & RF magazine. Browne, who holds a BS in Mathematics from City College of New York and BA degrees in English and Philosophy from Fordham University, is a member of the IEEE.