May 4, 2017 / 12:40 PM / 3 months ago

BRIEF-Universal Electronics to buy RCS Technology

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May 4 (Reuters) - Universal Electronics Inc

* Universal electronics to acquire rcs technology, expanding its lineup of iot, energy monitoring and control products

* Universal electronics inc - purchase price for acquisition of rcs assets will be approximately $9 million in cash plus incentive-based cash consideration

* Universal electronics inc - intends to operate acquired business as a wholly-owned subsidiary Source text for Eikon: Further company coverage:

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