ReliaSat withdraws from Arralis Acquisition
ReliaSat Limited has withdrawn from the process of acquiring Arralis Technologies Limited.
Effective terms could not be agreed and there is no possibility of renegotiation in the future. Both companies have decided to go their own way.
ReliaSat operates in the United Kingdom and has a range of microwave products with applications in communications, satellite and radar.
Arralis Technologies is undergoing a restructure process, it continues to concentrate on E Band automotive products, W Band low power radar modules and 5G WIFI repeaters.
For more information visit : https://reliasat.com