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Slide #27. Westell Technologies, Inc. — Cellular Specialties, Inc.
Westell Technologies, Inc. (WSTL)
Cellular Specialties, Inc.
Westell Technologies, Inc. (NASDAQ:WSTL), a global leader of intelligent site and outside plant solutions, today announced that it has acquired Cellular Specialties, Inc. (CSI), an industry leader in the design and development of in-building wireless solutions including distributed antenna systems (DAS) products and small cell connectivity equipment. The all-cash purchase price was $39 million.
Westell Technologies is a holding company. Through its subsidiary, Co. designs and distributes telecommunications products. Co.'s segments are: In-Building Wireless, which enable cellular and public safety coverage in stadiums, arenas, malls, buildings, and other indoor areas; Intelligent Site Management, which provide machine-to-machine communications to enable operators to remotely monitor, manage, and control physical site infrastructure and support systems; and Communications Network Solutions, which include hardened network infrastructure offerings including integrated cabinets, power distribution products, copper and fiber network connectivity products, and T1 network interface units.
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Strong Buy (4.00 out of 4)
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