PCTEL (PCTI) Misses Q4 EPS by 1c

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PCTEL (PCTI) Acquires Nexgen Wireless in $22.5M + Incentives Deal

March 2, 2015 8:47 AM EST

PCTEL (NASDAQ: PCTI) announced that it had acquired the assets of Nexgen Wireless, Inc., a Schaumburg, Illinois-based company providing Meridian, a network analysis tool portfolio, and engineering services. Nexgens industry-leading Meridian software product portfolio translates real-time network performance data into engineering actions that optimize operator performance. Meridian, with its modules of Network IQ, Subscriber IQ, and Map IQ, sets the stage for crowd-based, cloud-based data analysis that delivers immediate impact to network performance. Nexgen provides performance engineering, specialized staffing, and trend analysis for carriers, infrastructure vendors, and neutral hosts. They apply their products... More