Strategic transaction positions top mobile device accessory distribution company to lead industry PENNSAUKEN, NJ (October 29, 2020) – VoiceComm, the premier mobile accessory distributor for the North American market, today announced the signing of a definitive agreement to acquire certain assets of TESSCO Technologies, Inc. (NASDAQ: TESS) Retail Division, including the Ventev Mobile Device Accessories Brand. Integrating the assets that Tessco has built over the last thirty years positions VoiceComm as the leading mobile accessory distribution partner in the ever-evolving wireless industry. The acquisition, scheduled to close in Q4 2020, will enhance VoiceComm’s ability to serve customers and vendors through the expected 5G upgrade super cycle. “VoiceComm’s acquisition of Tessco’s Retail Division will consolidate two leading companies’ best practices to create more value for our customers and vendors,” said Derek Weiss, CEO, VoiceComm. “We’ve identified significant synergies which will allow us to deliver upon our principles of Innovation, Partnerships…
VoiceComm Announces Acquisition of Assets of Tessco’s Retail Division
