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Stock impact report

HEICO Corporation Subsidiary Acquires Specialized Electronics Company

Heico Corporation (HEI) 
Last heico corporation earnings: 2/25 04:15 pm Check Earnings Report
US:NYSE Investor Relations: heico.com/investors
Company Research Source: Accesswire
Acquires RF and Microwave Specialist Paciwave in 6th Acquisition this YearSUNNYVALE, CA and MIAMI, FL / ACCESSWIRE / October 4, 2021 / HEICO Corporation (NYSE:HEI.A and HEI) today announced that its dB Control subsidiary acquired 100% of Paciwave, Inc. for cash paid at closing. No further transaction or financial details were disclosed. dB Control is part of HEICO's Electronic Technologies Group.HEICO stated that it expects the acquisition to be accretive to its earnings within the year following closing. Paciwave is HEICO's sixth acquisition in its current fiscal year.Sunnyvale, CA-based Paciwave is a specialized designer and manufacturer of RF and microwave components and integrated assemblies specializing particularly in PIN Diode Switches, PIN Attenuators, PIN Limiters, Switching Assemblies and integrated subsystems found in defense and other complex electronic applications. Its customers include defense contractors and electronics manufacturers both within and outside the United Show less Read more
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