Sydney's Argus Technologies was bought by US firm CommScope for an undisclosed sum.
Two of the founders of the Australian cellular antenna maker, Bevan Jones and John Bonello, were to "continue in active roles" when the acquisition was completed.
CommScope said it would fund it "from cash on hand and funds available under [a] revolving credit facility".
Terms were not disclosed. Further comment was being sought by CRN.
Argus was based at Norwest business park, a technology hub in north-west Sydney.
CommScope made RF solutions for wireless network infrastructure.
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