| Tuesday | ||||
PCTEL announced receipt… PCTEL announced receipt of certification from the Federal Communications Commission, or FCC, for their industrial grade IoT Access Point. | ||||
| Over a week ago | ||||
Microcap Investor Virtual… Microcap Investor Virtual Conference to be held on May 19-20. | ||||
Microcap Investor Virtual… Microcap Investor Virtual Conference to be held on May 19-20. | ||||
| Over a month ago | ||||
PCTE announced that it… PCTE announced that it had acquired Smarteq Wireless AB, a European supplier of antennas for vehicular, energy and Industrial IoT, or IIoT, applications. PCTEL acquired Smarteq from Allgon AB. 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. 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. | ||||
| Over a quarter ago | ||||
B. Riley Securities… B. Riley Securities analyst Marc Wiesenberger raised the firm's price target on PCTEL to $10.50 from $8 and reiterates a Buy rating on the shares ahead of the company's Q4 results on February 25. The recent C-band auction likely contributes to further delays in carrier budgets typically seen in Q1, bur overall investment in fiscal 2021 should remain relatively robust, and stable from fiscal 2020, Wiesenberger tells investors in a research note. | ||||
PCTEL (PCTI), announced… PCTEL (PCTI), announced that it has entered into a distribution agreement with SYNNEX (SNX). "We are very pleased to announce our new distribution agreement with SYNNEX. This strategic relationship with SYNNEX will enhance our antenna business in the Industrial IoT market. PCTEL's innovative and robust antenna portfolio, which solves complex wireless connectivity challenges, and SYNNEX's customer relationships are the right combination to drive our customers' digital transformation," said Arnt Arvik, PCTEL's Vice President & Chief Sales Officer. "We are looking forward to new opportunities to increase our presence in the high-growth market of Industrial IoT." Scott Young, Vice President of Product Management, SYNNEX, described what he sees as a tremendous opportunity to team with PCTEL in providing innovative solutions for SYNNEX partners. "This agreement adds a leading and innovative antenna solutions option for our partners across all verticals," Young said. "Additionally, PCTEL's deep knowledge and relationships in the IoT market, along with our team's expertise, bring new opportunities to our Public Sector and Federal partners as their customers continue to adopt AI and cloud technology." | |
Virtual Meeting to be… Virtual Meeting to be held on September 23 hosted by Lake Street. | |
Virtual Meeting to be… Virtual Meeting to be held on September 23 hosted by Lake Street. | |
East Coast IDEAS Investor… East Coast IDEAS Investor Virtual Conference will be held on June 23-24. Webcast Link | |
East Coast IDEAS Investor… East Coast IDEAS Investor Virtual Conference will be held on June 23-24. Webcast Link |