Maury Microwave to Acquire Wireless Telecom Group

May 25, 2023

Maury Microwave, backed by Artemis Capital Partners, entered into a definitive agreement to acquire Wireless Telecom Group, Inc. (WTT), including its Boonton, Holzworth and Noisecom divisions, in a deal expected to close in Q3 2023 subject to shareholder approval and customary conditions. The acquisition expands Maury's RF test and measurement capabilities and access to end markets including aerospace, defense, satellite communications, semiconductors and emerging applications such as quantum and directed energy; WTT will continue to operate from its New Jersey headquarters under its current leadership.

Buyers
Maury Microwave, Inc.
Targets
Wireless Telecom Group, Inc.
Platforms
Maury Microwave, Inc.
Location
New Jersey, United States
Transaction Type
Addon

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