Infinite Electronics divests KP Performance Antennas and RadioWaves to Alive Telecommunications
In a strategic move poised to reshape the landscape of the connectivity solutions sector, Infinite Electronics, a global leader in the provision of in-stock connectivity solution brands, has announced its decision to divest its KP Performance Antennas and RadioWaves businesses. The definitive agreement has been signed with Alive Telecommunications, a renowned global supplier of communications equipment, systems, and services. This transaction is anticipated to close around April 1, 2024, marking a significant shift in the industry dynamics.
Penny Cotner, Chief Executive Officer of Infinite Electronics, highlighted the strategic nature of this divestiture, emphasizing the mismatch between the advanced antenna technology development required for KP Performance Antennas and RadioWaves and Infinite Electronics’ design capabilities. Cotner pointed out that while Infinite excels in the development of brands like Transtector and Integra Optics and has strong private-label capabilities within its Electronic Components and Assemblies portfolio, the future growth of KP Performance Antennas and RadioWaves would be better facilitated by a company equipped with the necessary development capabilities, such as Alive Telecommunications.
Expressing enthusiasm about the acquisition, Daniel Barton, President of Alive Telecommunications, acknowledged the significant value of the KP Performance Antennas and RadioWaves brands and their perfect fit within Alive’s expanding portfolio. Barton praised Infinite Electronics for its role in growing these brands and expressed eagerness to continue this trajectory under Alive Telecommunications’ stewardship.
The transition of the KP Performance Antennas and RadioWaves businesses to Alive Telecommunications is expected to culminate in the coming weeks, promising to enhance the connectivity solutions landscape significantly. This divestiture not only underscores the strategic realignment efforts within Infinite Electronics but also illustrates Alive Telecommunications’ ambition to broaden its portfolio and reinforce its position in the global telecommunications market.
The sale of KP Performance Antennas and RadioWaves by Infinite Electronics to Alive Telecommunications represents a calculated strategic decision to optimize both companies’ portfolios and leverage their core competencies. This move not only aligns with the evolving demands of antenna technology but also ensures that these brands are positioned for continued innovation and growth. Alive Telecommunications’ acquisition is poised to capitalize on the existing strengths of KP Performance Antennas and RadioWaves, fostering advancements in connectivity solutions that are crucial for the telecommunications industry’s future.