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Test and Measurement: PCTel acquires Smarteq Wireless to bolster antenna business

Test equipment and antenna company PCTel has acquired Swedish company Smarteq Wireless, which develops external antennas for vehicular, energy and industrial IoT applications. PCTEL acquired Smarteq from Allgon AB for about $6.8 million, according to a PCTel filing with the Securities and Exchange Commission. Smarteq...