was surging in the premarket session Monday on news that
agreed to buy it for $160 million, or $14 a share.
Spectrian makes power amplifiers for wireless infrastructure equipment. Remec sells high-frequency subsystems for voice, video and data traffic over wireless networks and in space and defense electronics applications.
Remec will pay up to $45 million of the purchase price in cash. The stock portion will comprise newly issued Remec common shares.
Spectrian's shares were up 23% at $13.33 in early trading. Remec's were rising 1.3% to $8.26.