# PCTEL acquires Smarteq Wireless from Allgon AB

PCTEL has acquired Smarteq Wireless AB, a European supplier of antennas for vehicular, energy and Industrial IoT applications, from Allgon AB.

- Type: Acquisition
- Announced: 2021-05-03
- Where: Stockholm, Sweden
- Status: completed
- Products: antennas for vehicular, energy and Industrial IoT
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [PCTEL](https://endata.com/companies/54846.md) (acquirer)
- [Smarteq Wireless](https://endata.com/companies/54847.md) (target)
- [Allgon AB](https://endata.com/companies/54848.md) (partner)

## Sources

- [pctel.com](https://pctel.com/news/pctel-expands-vehicular-and-iot-antenna-portfolio-with-acquisition-of-smarteq-wireless/), 2021-05-03: "With Smarteq, PCTEL has a strong local presence, expertise, and channel partners to accelerate our growth in Europe."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.