Global communications provider Andrew Corp. said it has acquired selected assets of Channel Master and certain subsidiaries for about $18 million in cash.
The acquired assets include equipment, inventory, intellectual property, and a lease on a portion of Channel Master's Smithfield, N.C., facility for up to 18 months, the company said.
Andrew said it's working with former Channel Master customers to assure delivery and service continuity. And integration teams are examining customer, commercial and employee implications of combining Channel Master's U.S. and overseas operations into existing Andrew locations, the company said.
Channel Master is known for its antenna and antenna related products such as VSATs, its DBS antenna business and television accessory markets.
