Universal Microwave Technology, Inc. completed the acquisition of 30% stake in Terasilicon Co.,Ltd.
October 23, 2017
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Universal Microwave Technology, Inc. (GTSM:3491) agreed to acquire 30% stake in Terasilicon Co.,Ltd for $1.3 million on October 11, 2017. Universal Microwave Technology, Inc. will acquire 107.1 million shares of Terasilicon Co.,Ltd.
Universal Microwave Technology, Inc. (GTSM:3491) completed the acquisition of 30% stake in Terasilicon Co.,Ltd on October 24, 2017.
Universal Microwave Technology Inc is a Taiwan-based company principally engaged in the design, research, development, manufacture and sale of microwave communication components and subsystems, antennas and radio frequency (RF) components. The microwave components include duplexers, couplers, circulator components and other passive components or integrate multiple components into a sub-system. The components are used in point-to-point or point-to-multipoint communication equipment, mobile communication base stations, broadband wireless transmission and satellite communication systems. The antennas are used in broadcasting, television, mobile phone communication, wireless Internet access, positioning, navigation and tracking. The RF components are used in communication base stations and connect within and between communication equipment. The Company operates within the domestic market and to overseas markets, including China mainland, Asia, Europe and America.
UNIVERSAL MICROWAVE TECHNOLOGY, INC. 
