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Moseley Associates, Inc. Acquires Assets Of REMEC Broadband Wireless Holdings And REMEC Broadband Wireless LLC.SANTA BARBARA, Calif., May 12, 2015 /PRNewswire/ -- Moseley Associates, Inc. announced that it has completed an agreement to acquire the assets and intellectual property rights, as well as key employees, of REMEC Broadband Wireless Holdings (RBWH) and REMEC Broadband Wireless LLC. (RBH). The RBWH-RBW business will be conducted through a new wholly owned Moseley subsidiary, REMEC Broadband Wireless Networks, LLC. The existing senior management of RBWH and RBW will join and play key roles in the leadership team of REMEC Broadband Wireless Networks, LLC. "REMEC is a pioneer in the design and manufacture of microwave and millimeter wireless carrier-class products and these products will complement our current offerings," said Jamal Hamdani, President and Chief Executive Officer of Moseley. "As we move forward, our company and our subsidiaries will continue our tradition to provide innovative products and services, always striving to anticipate and exceed the needs of our customers." For more information, please contact:
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/moseley-associates-inc-acquires-assets-of-remec-broadband-wireless-holdings-and-remec-broadband-wireless-llc-300082080.html SOURCE Moseley Associates, Inc. |