Spectrum Control acquires Remec components business

Spectrum Control Inc., a designer and manufacturer of electronic control products and systems, has acquired Remec Inc.'s components business unit. The components business unit, located in Palm Bay, Florida, designs and manufactures high frequency RF components for commercial, military and space applications.

Thomas Waechter, president and CEO of Remec, stated, "This transaction strengthens our cash position and continues our strategy of increasing value for Remec shareholders going forward. The Components business unit and its dedicated people have been important contributors to the Remec team, and we believe that they will continue to contribute to the business of Spectrum Control."

Remec is a designer and manufacturer of high frequency subsystems used in the transmission of voice, video and data traffic over wireless communications networks and in space and defense electronics applications.