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Mitec beefs up manufacturing capacity through acquisition of Swedish company

News | 02/19/2001 5:00 am EST

Mitec Telecom Inc has acquired a Swedish wireless component manufacturer to beef up production capabilities in Europe. Company executives say the merger with BEVE Invest AB will put the combined entity in a better position to land more business on the other side of the Atlantic and address a growing global demand for wireless infrastructure products.

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