Wilson Electronics has purchased competitor zBoost in an effort to consolidate the cell phone signal booster category. Terms of the transaction were not disclosed, but both brand names will stay intact while Wilson pursues a “dual-brand strategy.”
In an exclusive interview with CE Pro, Wilson CEO Robert Van Buskirk outlined the strategy behind the acquisition, which officially took place in mid-January.
“The cell signal booster market is poised for tremendous growth and we recognize that industry consolidation is coming. In this case, it’s a good thing from our perspective. We have taken one of our competitors off the market and enhanced our own competencies and capabilities,” says Van Buskirk. For instance, zBoost has strong connections in the retail market that will be beneficial to acquire.