News Summary:
Hitron Americas received conditional approvals for its customer premises equipment, including broadband gateways, Wi-Fi access points, and cable modems, on June 24, 2026, clearing them from the FCC's ban on new foreign-made consumer routers. This development followed the FCC's March ban on foreign-made consumer routers, which prompted an executive from Hitron to provide a vendor's perspective on June 25, 2026, detailing the new process required for service providers and their vendors to obtain exemptions for devices on the agency's "Covered List" due to potential national security threats. Earlier, on April 13, 2026, Hitron Technologies Inc.'s Board of Directors resolved to acquire 100% of the equity of Perle Systems Limited for a transaction amount not exceeding USD 45,000,000, utilizing internal funds. This resolution came after Phoenix Contact reached an agreement on April 7, 2026, to sell Perle Systems Ltd., a Canada-headquartered provider of high-availability industrial networking solutions, and its subsidiaries to Hitron Technologies Inc., a move that aligns with Phoenix Contact's strategic focus on its core businesses.
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