GO
Loading...

Wilson Electronics scoops up rival in cell-signal boosters

Source: Wilson Electronics

Wilson Electronics, a leader in the market for devices that boost cellphone signals, has quietly scooped up zBoost, one of its key rivals.

The acquisition, which occurred in January but has not yet been publicly announced, is part of an effort by Wilson to consolidate the space and give the company greater scale as it hopes to expand both in the U.S. and internationally. The company has revenue of more than $50 million and expects to grow that this year, CEO Robert Van Buskirk told Re/code.

Van Buskirk said that zBoost has a business that is only about one-fifth the size of Wilson's, but it allows the company to add a second brand to its portfolio and brings product strength in the consumer and small business arenas.

Re/code has the whole story.

By Ina Fried, Re/code.net.

CNBC's parent NBC Universal is an investor in Re/code's parent Revere Digital, and the companies have a content-sharing arrangement.

Contact Mobile

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    To learn more about how we use your information,
    please read our Privacy Policy.
    › Learn More

Squawk Alley