Giga-tronics Inc. announced that it has sold its Power Meter, Amplifiers, Sensors, and legacy Signal Generator product lines to Spanawave Corp. The sale will take place in phases with the sensor and amplifier products transferring immediately and the legacy Signal Generators transfering in July 2016. The total purchase price is $1.5M with half the payments expected between June and July 2016. Spanawave will also be purchasing existing inventory related to the products.
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