Abracon announced the successful acquisitions of Proant AB and Proant Asia Limited, privately held antenna suppliers headquartered in Umeå, Sweden and Hong Kong, respectively. Both companies will now operate under Abracon's new ProAnt brand. Abracon will retain facilities in both Sweden and Hong Kong.
"The addition of Proant is Abracon's first acquisition in the antenna space and is an important strategic building block in Abracon's overall antenna products strategy," said Mike Calabria, Abracon's President and CEO. "Proant's technical expertise combined with its patented technology will accelerate Abracon's position in the antenna market. Abracon's global footprint combined with its industry-leading distribution network will bring Proant's technology to customers across the globe."
Abracon is an industry leader in passive components, providing frequency control & timing devices, RF & antenna products, and inductor & connectivity solutions. Over the last few years, they have acquired a number of component brands that include AEL Crystals, Ecliptek, Fox, ILSI, MMD and Oscilent.
Abracon will integrate Proant's antenna product portfolio ranging from 150 MHz up to 8 GHz with a focus on wireless M2M and IoT applications. The integration will provide customers with continued support through development services, including feasibility studies, antenna simulations, active antenna measurements, rapid prototyping, and matching network design.
"Proant's success with antennas is attributed to providing cost-effective and robust connectivity to our customers," said Tomas Rutfors, CEO and Founder of Proant AB and Proant Asia Limited. "Now, by joining forces with Abracon, we increase our geographic footprint through Abracon's excellent global sales channels. Together with the Abracon antenna team, Proant will continue to develop and supply antenna solutions supporting market needs."
Tomas Rutfors will join Abracon as Managing Director of the ProAnt brand and will additionally support the Abracon sales organization with customer design activity. Following the 2021 third-quarter integration, the ProAnt brand will become available through Abracon's global distribution and sales representative network.
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