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Sunday, July 29, 2012

Kavveri Telecom acquires wireless division of WPCS of United States

Bangalore: Kavveri Technologies Americas Inc, the US subsidiary of Bangalore-based Kavveri Telecom Products, a wireless subsystem manufacturer that provides world class hardware products and solutions for the telecom, defense and space industry, has acquired the wireless communication division of Nasdaq-listed WPCS International. WPCS has operations in Lakewood, New Jersey and Hartford Connecticut.

Kavveri's strategy is to build its core wireless technology groups and establish itself as a global end to end wireless infrastructure solutions company. The buyout enhances Kavveri's market positioning both in the cellular and public safety market segments in the US.

The acquisition will provide Kavveri with a comprehensive range of wireless systems solutions including in-building for public safety and cellular applications, network solutions, mobile data, asset tracking, radio systems, video solutions, wireless infrastructure and integrated business systems.

Shivakumar Reddy, managing director, Kavveri Telecom Products said, The essence of the WPCS International Incorporated acquisition not only enhances our wireless systems solutions capabilities but will expand and strengthen our sales channels for Kavveri Group products in the US market. ''

Uma Reddy, President of the company said, Kavveri is now well positioned to take advantage of the significant growth opportunities in both public safety and cellular in building applications in the US.

Kavveri has been very bullish about inorganic growth in the last many years. The company had made several acquisitions across Europe in the past.

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