Santa Ana-based Powerwave Technologies Inc. said Friday it is in talks to buy a wireless gear division from Britain’s Filtronic PLC.
Powerwave, a maker of amplifiers and other gear for wireless phone networks, said it is in “exclusive negotiations” to buy Filtronic’s transit receiver modules and amplifiers.
One analyst valued the businesses at $275 million to $425 million, according to Reuters.
Filtronic is a smaller competitor to Powerwave, which has expanded its market share through acquisitions over the past few years. It now has more than an estimated 60% of the market share for antennas, boosters, combiners, filters, radio frequency power amplifiers, repeaters, tower-mounted amplifiers and other gear.
In February, Powerwave bought Canada’s Kaval Wireless Technologies Inc. for $10.8 million in cash and debt. The company makes radio frequency amplifiers, repeaters and other gear that boost the performance of wireless networks in buildings.
Last year Powerwave paid about $400 million to buy Sweden’s LGP Allgon Holding AB, another company that makes gear that improves radio coverage.
