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WirelessDevNet.com Press Release
SkyCross Expands Its Global Reach By Acquiring Shanghai Universe
Viera, FL - July 1, 2009 - SkyCross, one of the world’s leading antenna solutions companies, announced today that it has acquired Shanghai Universe Communication Electronics Co. Ltd., an innovative antenna manufacturer. This strategic acquisition enables SkyCross to provide expanded global support including award-winning antenna technology, widespread local offices, and high-volume manufacturing to wireless consumer electronics companies.
The combined company serves a range of market segments including handsets, data cards, USB dongles, laptops, access points, mobile personal entertainment devices, and more. Existing SkyCross and Shanghai Universe customers will benefit from the expanded resources immediately, and channels are also in place to support the growing demand from new customers.
All facets of the company including sales, engineering, and production have expanded as a result of the acquisition. Customers can now access SkyCross antenna technology, which bundles high performance, small size, competitive pricing, and exclusive iMAT® design techniques from a broader network of local offices. OEMs will also enjoy the faster time-to-market enabled by Shanghai Universe manufacturing facilities, which are already trusted by Tier 1 customers and certified for high quality and environmental standards (ISO9001:2000, ISO14001:2004, RoHS, WEEE Green).
“Innovation, excellence, and customer service are the cultural pillars on which Shanghai Universe built its high-growth technology company,” said Jason Yang, General Manager at Shanghai Universe. “We are very pleased to be a part of SkyCross, a highly respected and acknowledged leader in our industry. Our companies have complementary capabilities, which enable us to offer unparalleled products and services.”
“This acquisition enhances SkyCross value via further acceleration of our remarkable record of sustained growth achieved through support of industry-leading customers,” said Dr. Chris Morton, CEO of SkyCross. “The expanded SkyCross will also attract additional Tier 1 customers, who will be assured a roadmap of innovative solutions and certified manufacturing, all supported by a talented team.”
This announcement comes on the heels of more than 50 percent annual SkyCross revenue growth in each of the last four years.
About SkyCross
SkyCross (www.skycross.com) is a global wireless company providing antenna solutions to the mobile phone, home entertainment, and computing industries. SkyCross provides high-performance antenna technology bundled with RF system-level expertise and responsive regional support. This convenient approach empowers device manufacturers to develop winning consumer electronics products and deliver them to market faster and easier.
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