Jan 9, 2004 12:00 PM

PCTEL announced this week that it had completed the acquisition of MAXRAD, Inc., a manufacturer of wireless communications antennas for broadband wireless, in-building wireless and land mobile radio applications, for $20 million. MAXRAD generated about $18 million in revenues last year, PCTEL said. Steve Deppe, previously president of MAXRAD, will stay on as vice president and general manager of PCTEL’s MAXRAD business unit.

PCTEL has been a company in transition over the past two years. In 2002, it acquired cyberPixie, which developed client and infrastructure software that enabled roaming between Wi-Fi hotspots. Early in 2003, PCTEL divested its legacy "soft modem" product operation and acquired DTI, a company that designs and distributes software-defined radio solutions for test, measurement, and wireless intelligence applications.

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