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Ageto acquires MTT

Ageto has acquired MTT Components & Systems. Ageto is a Nordic representative of Swiss based PCB producer Optiprint AG and Elec & Eltek International Co., Ltd. of Hong Kong.

Ageto acquires based MTT in order to strengthen its presence within the fields of RF- and Microwave. The new company will receive an annual turnover of approximately 7 MEUR as well as a market leading position within the fields of advanced PCB's design tools, EDA, communication equipment and specialised components. Ageto and MTT are both based in Sweden.

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