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Endwave Acquires a Bit of Arcom

Radio frequency (RF) subsystems provider Endwave Corp. Wednesday said it has acquired certain broadband assets of Arcom Wireless. Financial terms of the purchase were not disclosed.

The deal between Sunnyvale, Calif.-based Endwave and the Dover Corp. subsidiary includes a transceiver design, equipment and intellectual property licenses.

Endwave says it will take the technology to make and supply a 58 GHz integrated transceiver product for one of its existing European customers. The company supplies systems for carrier-class, broadband wireless access and backhaul networks. Endwave also supplies semiconductor, circuit and antenna designs as well as Flip-Chip Integrated Circuit (FCIC) technology.

"Although this was a relatively small transaction, this acquisition has strategic value by enlarging our relationship with a European OEM as we support them going forward with the supply of transceiver modules," said Endwave CEO and president Ed Keible.

Keible said the company should start seeing revenues from the Arcom assets in the third quarter of 2003 from the acquired product.

This is the second acquisition by Endwave in five months. Back in September 2002, the company spent $3.4 million for some wireless infrastructure assets of Signal Technology's Wireless Group. That deal netted Endwave customer contracts, equipment, inventory, product designs and other intellectual property, a 12-member staff and a Boston office.