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E-Space entered into a definitive agreement to acquire CommAgility from the Wireless Telecom Group, Inc.
The transaction to transfer CommAgility to E-Space is expected to be completed no later than 2023-01-31.
The purchase price for CommAgility is $14.5 million, inclusive of $13,750,000 in cash consideration and a $750,000 note payable, subject to agreed-upon reductions.
E-Space plans to buy radio frequency module developer CommAgility in a $14,500,000 deal.
The acquisition price for CommAgility consists of $13,750,000 in cash and a $750,000 financial instrument that is subject to agreed-upon reductions.