Racal Electronics Plc’s Racal Radio unit has acquired two Canadian companies, RACE Technologies Inc and Spilsbury Communications Ltd, for a total UKP2.5m: Racal already had a minority holding in RACE Technologies, and with the purchase of Vancouver-based radio specialist Spilsbury acquired control of it; the acquisitions of the two Vancouver-based companies further boost Racal’s position in Canada, which is already an important market for the company; RACE is the market leader in the development and supply of adaptive processors, and through the acquisition of Spilsbury, Racal now has a range of low-cost radios to add to its portfolio of radio equipment, Racal added.
