October 17, 2023

M&A

Employment and Labour law

Fylgia acted as legal advisor to PCTEL in connection with its sale to Amphenol Corporation

antenn

PCTEL, Inc. (Nasdaq: PCTI), a leading global provider of wireless technology solutions, has announced that it has entered into a definitive agreement to be acquired by Amphenol Corporation (NYSE: APH), one of the world’s largest providers of high-technology interconnect, sensor, and antenna solutions. The transaction is expected to close in the fourth quarter of 2023 or early 2024, subject to customary closing conditions, including approval by PCTEL’s shareholders. Following the completion of the transaction, PCTEL will cease to be a publicly traded company. Fylgia acted as Swedish legal counsel to PCTEL in connection with the transaction.