Raycap (raycap. Com), a global provider of telecommunications infrastructure solutions, acquired apelio innovative industries (http://apelillc.com). Apelio is a manufacturer of telecom network accessories and electrical switchgear. The purpose of the acquisition is to enhance its engineering and manufacturing capabilities in the United States and expand its products' services in the 5g base station telecommunications market. The transaction was completed on January 31, 2020.
