Infinite Electronics Announces Intent to Sell KP Performance Antennas and RadioWaves Businesses to Alive Telecommunications
IRVINE, Calif., March 18, 2024 /PRNewswire-PRWeb/ -- Infinite Electronics, a global portfolio of leading in-stock connectivity solution brands, announced today that it has signed a definitive agreement to sell its KP Performance Antennas and RadioWaves businesses to Alive Telecommunications, a global supplier of communications equipment, systems and services. The transaction will close approximately on April 1, 2024.
- IRVINE, Calif., March 18, 2024 /PRNewswire-PRWeb/ -- Infinite Electronics , a global portfolio of leading in-stock connectivity solution brands, announced today that it has signed a definitive agreement to sell its KP Performance Antennas and RadioWaves businesses to Alive Telecommunications, a global supplier of communications equipment, systems and services.
- "KP Performance Antennas and RadioWaves businesses are both excellent strategic fits for Alive Telecommunications," said Penny Cotner, CEO of Infinite Electronics.
- "We are thrilled to have the opportunity to continue the great work Infinite Electronics has done growing both KP Performance Antennas and RadioWaves brands," said Daniel Barton, President for Alive Telecommunications.
- The transition of KP Performance Antennas and RadioWaves businesses to Alive Telecommunications is expected to be finalized in the coming weeks.