Amplitech completes acquisition of spectrum semiconductor materials, nearly quadrupling its revenue base and substantially expanding its distribution reach and growth potential; reports record combined order backlog of $11.4m

San jose, ca & bohemia, ny, dec. 16, 2021 (globe newswire) -- amplitech group, inc . (nasdaq: ampg), a designer, developer, and manufacturer of state-of-the-art signal-processing components for satellite and 5g communications networks, defense, space, and other commercial applications, announced today that it has executed a definitive agreement to acquire the assets and operations of spectrum semiconductor materials inc., a rapidly growing global specialty distributor of semiconductor components based in san jose, ca.  the transaction is expected to close within our fiscal year 2021, subject to the satisfaction of certain closing conditions.
AMPG Ratings Summary
AMPG Quant Ranking