SPX Technologies Announces Agreement to Purchase Kranze Technology Solutions (“KTS”)

Further Strengthens and Scales Communications Technologies Platform;Significant Installed Base and Attractive Pipeline of Growth Opportunities CHARLOTTE, N.C., Dec. 23, 2024 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it has entered into a definitive agreement to purchase Kranze Technology Solutions, Inc. (“KTS”), a leader in digital interoperability and tactical networking solutions. Upon closing, KTS will become a part of SPX Technologies’ Communication Technologies (“CommTech”) ...