SPX Technologies (SPXC) to Purchase Kranze Technology Solutions
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SPX Technologies Announces Agreement to Purchase Kranze Technology Solutions (“KTS”)
December 23, 2024 8:00 AM ESTFurther Strengthens and Scales Communications Technologies Platform;
Significant Installed Base and Attractive Pipeline of Growth Opportunities
CHARLOTTE, N.C., Dec. 23, 2024 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE: SPXC) announced today that it has entered into a definitive agreement to purchase Kranze Technology Solutions, Inc. (KTS), a leader in digital interoperability and tactical networking solutions. Upon closing, KTS will become a part of SPX Technologies Communication Technologies (CommTech) platform, within its Detection & Measurement segment.
Headquartered in Des Plaines, Illinois, KTS has developed a strong reputation for advanced digital interoperability and tactical networking... More
