The Board of Kavveri Telecom, a leading telecom equipment manufacturer, which provides world class hardware products and solutions for the telecom, defence and space industry has approved the acquisition of an RF company in Europe.
The RF solutions and products provided by this European Company are considered world class, not only addresses a key technology requirement for the Company, but will also provide a further opportunity to improve their business performance by leveraging Kavveri’s low cost high value manufacturing capabilities. This acquisition will also expand Kavveri’s sales channels for their products in key world markets in Europe, Africa and Latin America. Kavveri has recently bagged an order of Rs. 750 million from Europe and the company hopes that by this acquisition in Europe, would give it better position to get large orders from the customers in Europe.
Speaking about this acquisition, Mr. Shivakumar Reddy, Managing Director, Kavveri Telecom Products Limited said that, “We are extremely positive about this acquisition. It will facilitate Kavveri to go one step ahead in its strategic initiative of making its facilities in India the global manufacturing hub.”
About Kavveri Telecom Products Ltd.
Kavveri Telecom, a leading telecom manufacturer, which provides world class hardware products and solutions for the telecom, defence and space industry. Kavveri Telecom combines expertise with experience to deliver state-of-art products and solutions spanning the wide spectrum of wireless Telecommunications. The diverse range of products manufactured by Kavveri includes Antennas, RF (Radio Frequency) Components, Repeaters, TMA/TMB and many more.
Kavveri Telecom ranked No. 22 in "India's Fastest Growing Companies" by Business World.
In past four years Kavveri Telecom has acquired four different RF products and Antennas manufacturing companies in North America, these are:
Tiltek Antennae Inc: Acquired in 2006 designs, develops and manufactures Antenna for GSM, 3G, LTE and Wireless technologies.
DCI Digital Communications: Acquired in 2007, it designs, develops and manufactures RF products for different wireless technologies.
Soptwave Wireless Ltd: Acquired in 2008, it designs, develops and manufactures Intelligent repeaters for in-building solution for GSM,3G, LTE Technologies.
Trackcom Systems Internationsl: Acquired in 2009, it designs, develops RF products and antennas for defence and space applications.
