PCTEL Acquires Vehicular, IoT Antenna Provider
Monday, May 03, 2021 | Comments

PCTEL announced today that it acquired Smarteq Wireless, a European supplier of antennas for vehicular, energy and Industrial IoT (IIoT) applications. PCTEL acquired Smarteq from Allgon.

“With Smarteq, PCTEL has a strong local presence, expertise and channel partners to accelerate our growth in Europe, as well as a complementary portfolio of products for our Industrial IoT and intelligent transportation customers worldwide,” said PCTEL CEO David Neumann. “We are also excited to enter new markets such as electric vehicle charging stations, where analysts predict significant growth over the next several years.”

Smarteq Wireless, based near Stockholm, Sweden, provides antennas for smart metering, luxury vehicles, electric vehicle charging stations, industrial factory process automation, heavy construction and off-road vehicles. The company focuses on external antennas that meet high standards for performance, reliability and robustness.

Smarteq serves customers in 20 countries through offices in both Sweden and France. Founded in 1996, the company has decades of experience in antenna design, production and sales.

“With PCTEL, we have the opportunity to accelerate our product innovation, expand our reach and scale our operations to provide superior customer service,” said Smarteq CEO Goran Sandstrom. “We’re excited to work together to expand our presence in Europe and be a meaningful growth driver for PCTEL.”

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