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www.southgatearc.org
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UK-based company buys US antenna maker CushcraftDavid M0ZLB spotted the following item regarding the purchase of Cushcraft, the well known US makers of Amateur Radio HF VHF and UHF antennas, by the United Kingdom based Laird Group PLC. A press release quotes Martin Rapp, CEO of Laird Technologies as saying “The combination of the two companies uniquely positions Laird Technologies to grow the combined business in emerging markets of RFID and WiMax.” There is no mention in the statement of plans for the Amateur Radio Antenna division. From: Mass High Tech: The Journal of New England Technology - 10:40 AM EST Tuesday, February 27, 2007 N.H. antenna maker Cushcraft sold for $89M Waltham's Polaris Venture Partners reports that Manchester, N.H.-based Cushcraft Corp. has been acquired for $89.75 million by the United Kingdom-based Laird Group PLC, an electronics, security systems and distribution group. The Cushcraft business and its management will be integrated with St. Louis-based Laird Technologies, company officials said. Cushcraft, which operates facilities in San Diego and Bluffdale, Utah, is a supplier of antenna products for the wireless networking and communication industry. Polaris officials said the firm took a majority interest in Cushcraft in September 2003. The sale is the second portfolio company exit in a month for Polaris. It follows the recent acquisition of Waltham's Archivas Inc. by Hitachi Data Systems Corp., a division of Hitachi Ltd., for $120 million.
Related URLs Cushcraft Corporation Laird Group PLC Laird Technologies Laird Technologies Acquires Cushcraft Laird Tunes in to WiMax and WLAN Antenna Solutions - mentions that Cushcraft initially manufactured VHF and UHF products for the HAM radio markets. http://www.laird-plc.com/media/index.cfm?f=17&i=160
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