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xG Technology Completes Purchase Of Integrated Microwave Technologies, LLC

2016-02-09 08:07:23| rfglobalnet News Articles

xG Technology, Inc. ("xG") (Nasdaq: XGTI, XGTIW), a leader in providing critical wireless communications for use in challenging operating environments, announced today that it has completed its acquisition of assets of Integrated Microwave Technologies, LLC ("IMT") originally announced on Jan. 19, 2016. The acquisition was completed using debt financing from the seller and will require payoff over the next eighteen months.

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