RF Industries Purchases CUI

July 14, 2011
RF INDUSTRIES has completed its acquisition of privately owned Cables Unlimited, Inc. (CUI), effective June 16. The purchase price for the cash-and-equity deal was $5,600,000. RF Industries paid $2,800,000 in cash and issued 762,738 shares of ...

RF INDUSTRIES has completed its acquisition of privately owned Cables Unlimited, Inc. (CUI), effective June 16. The purchase price for the cash-and-equity deal was $5,600,000. RF Industries paid $2,800,000 in cash and issued 762,738 shares of common stock to the seller at closing. In addition, Darren Clarkthe sole owner and co-founder of Cables Unlimitedhas been added to RF Industries' board of directors.

Based out of Long Island, NY, CUI reported revenue of approximately $6,200,000 along with non-audited, non-GAAP-adjusted EBITDA of approximately $645,000in the 12-month period ending December 31, 2010. In addition to CUI's fiber-optic cabling and connector product lines, the acquisition provides San Diego-based RF Industries with an East Coast presence.

Sponsored Recommendations

Frequency Modulation Fundamentals

March 14, 2024
The development of crystal-clear FM communications was an innovation of genius and toil. Utilized today in applications such as radar, seismology, telemetry and two-way radios...

44 GHz Programmable Signal Generator

March 14, 2024
The Mini-Circuits SSG-44G-RC is a 0.1 to 44 GHz signal source with an RF output range of -40 to +17 dBm with fine resolution. This model supports CW and pulsed (? 0.5 ?s) outputs...

Webinar: Introduction to OTA Measurement for mmWave and Sub-THz

Feb. 19, 2024
Join Jeanmarc Laurent, a leading expert from MilliBox, for an exclusive live webinar showcasing a complete Over-the-Air (OTA) testing system setup. In this immersive session, ...

Using a CMT VNA with Socket Server

Feb. 19, 2024
This application note describes use of a software application CMT Socket Server which is distributed and supported by Aphena Ltd. Please email [email protected] regarding purchase...