DYNAWAVE ANNOUNCES A STRATEGIC COMBINATION
We are pleased to inform our customers that on March 4, 2020, on behalf of the ownership of the DYNAWAVE Companies (“DYNAWAVE”), we entered into an Agreement of Sale with a buyer, APTIV TECHNOLOGIES LIMITED. The buyer is a corporate family member of APTIV, a public limited company domiciled in the bailiwick of Jersey and headquartered in Dublin, Ireland. APTIV’s products are vehicle electronics, systems, modules and components. APTIV has previously acquired the former Connecticut-based WINCHESTER ELECTRONICS CORPORATION, which has now become WINCHESTER INTERCONNECT and is a strong strategic partner for both WINCHESTER and DYNAWAVE. After closing, DYNAWAVE will continue to market its products through our existing sales representatives and distributors, and under the DYNAWAVE brand and trademarks. In addition, none of the Managers or Sales Personnel with whom you have been working will be leaving DYNAWAVE, so you will continue to receive the same high level of knowledgeability and responsiveness as you’ve always received when you contact us. Further, combining the complimentary product lines of WINCHESTER and DYNAWAVE will enable us to expose our old and new customers to a broader range of RF and Interconnect products of the highest quality.