Westell Technologies Acquires Cellular Specialties, Inc. for $39M

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Westell Technologies, Inc., a company who offers intelligent site and outside plant solutions, announced they have acquired Cellular Specialties, Inc. (CSI). CSI designs and develops in-building wireless solutions including DAS products and small cell connectivity equipment. The all-cash purchase price was $39 million. “Cellular Specialties is a great complement to the Westell solutions portfolio and an ideal fit for our corporate growth strategy,” said Rick Gilbert, Chairman and Chief Executive Officer of Westell Technologies. “CSI excels in creating innovative products to continually move the in-building, distributed antenna systems, and small cell marketplace forward. Additionally, they have an effective management team and great relationships with customers which will help Westell achieve our stated strategic and financial goals.”

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