Pegasus Wireless has announced the acquisition of SKI Technologies, Inc., a Taiwanese manufacturer of electronics and wireless communications products, for a combination of cash and stock.
The acquisition of SKI allows Pegasus to become a complete end-to-end solution provider to its customers.
Jasper Knabb, President of Pegasus Wireless Corporation, commented on the acquisition by stating, "This is a huge step toward the successful execution of our business plan, and we are thrilled to have the committed professionals at SKI on board. SKI is dedicated to continually improving the manufacturing process by supplying the most competitive product at the lowest cost possible, and by selecting them as the element that concludes our strategic acquisitions, we are confident that we can now focus one hundred percent of our efforts on the organic growth of Pegasus Wireless as a united entity."