In 2021, discoverIE acquired Antenova, a designer and manufacturer of antennas and RF modules for industrial connectivity applications. This is a high growth, high value-add area, and Antenova has grown post-acquisition sales in excess of 10% and raised operating margins from 27% to 31%. Yesterday, discoverIE announced the acquisition of 2J Antennas to increase its exposure to this market opportunity, creating a leading platform from which to accelerate growth. Market growth is set to be support ....
14 Sep 2023
discoverIE - Platform for growth in industrial wireless connectivity
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discoverIE - Platform for growth in industrial wireless connectivity
discoverIE Group PLC (DSCV:LON) | 710 -432.8 (-7.9%) | Mkt Cap: 690.7m
- Published:
14 Sep 2023 -
Author:
Guy Hewett -
Pages:
9 -
In 2021, discoverIE acquired Antenova, a designer and manufacturer of antennas and RF modules for industrial connectivity applications. This is a high growth, high value-add area, and Antenova has grown post-acquisition sales in excess of 10% and raised operating margins from 27% to 31%. Yesterday, discoverIE announced the acquisition of 2J Antennas to increase its exposure to this market opportunity, creating a leading platform from which to accelerate growth. Market growth is set to be support ....