8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

January 4, 2010
Date of Report (Date of earliest event reported)

PCTEL, Inc.

(Exact name of registrant as specified in its charter)

Delaware	000-27115	77-0364943
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

471 Brighton Drive
Bloomingdale, IL 60108
(Address of Principal Executive Offices, including Zip Code)

(630) 372-6800
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12(b))

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 — Other Events

On January 4, 2010, PCTEL, Inc. announced the acquisition of all of the assets related to the Ascom scanning receiver business.

A copy of the press release of PCTEL dated January 4, 2010 announcing the acquisition is attached hereto as Exhibit 99.1 and is incorporated by reference into this Item 8.01.

Item 9.01 — Financial Statements and Exhibits

(d) Exhibits

Exhibit 99.1 Press Release of PCTEL, Inc. dated January 4, 2010.

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SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 5, 2010

PCTEL, Inc.
By:	/s/ John W. Schoen
	John W. Schoen, Chief Financial Officer

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EX-99.1

Exhibit 99.1

PCTEL Acquires Ascom’s Scanning Receiver Business

Ascom Sells Its Scanning Receiver Business for $4.5 Million to PCTEL
Transaction Strengthens the Core Businesses of Both Companies

Bloomingdale, IL — January 4, 2010 — PCTEL, Inc. (NASDAQ: PCTI), a leader in propagation and wireless network optimization solutions and Ascom announced today that PCTEL had acquired all of the assets related to the Ascom scanning receiver business. This business was a small part of Comarco’s Wireless Test Solutions (WTS), a business that Ascom acquired in 2008. Under the agreement, PCTEL will continue to supply both PCTEL and WTS scanning receivers to the newly formed Ascom Network Testing Division that consolidated the testing businesses for mobile telecom carriers of Ascom.

PCTEL will pay $4.5 million for the scanning receiver business. $4.3 million at close and $200,000 upon achievement of certain objectives. In addition to the acquisition of the assets, PCTEL will assume warranty obligations, and will fund the development of compatibility between PCTEL’s scanning receivers and Ascom’s benchmarking solution. Separately, the companies will renew their existing supply agreement, which will remain non-exclusive.

“PCTEL views this as a win-win for our two companies,” says Marty Singer, PCTEL’s Chairman and CEO. “We will continue to do what we do best: design, develop, and support best-in-class scanning receivers for the wireless industry and Ascom’s Network Testing Division will focus its resources on providing operators worldwide with leading-edge test and measurement products and world-class support,” added Singer.

“The PCTEL scanning receiver has been a relevant element of the TEMS product portfolio and the ex-Comarco WTS scanning receivers have been an integral element of our benchmarking solution for the US market,” says Riet Cadonau, CEO of Ascom. “We concluded that we could also entirely maintain our benchmarking customer commitments while relying upon PCTEL to manage the development and delivery of the scanning receiver technology. Importantly, this divestiture sharpens our focus on what we do best, after we have defined the combined Network Testing product portfolio of the new Ascom division Network Testing, to meet our customers’ needs the best,” adds Cadonau.

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Conference Call

PCTEL Offices are closed on January 4^th. PCTEL management will respond to questions regarding this transaction on a scheduled conference call at 7:45 a.m. CST on Tuesday, January 5^th, 2010. Marty Singer, PCTEL’s CEO and John Schoen, PCTEL’s CFO will participate on the call. The call can be accessed by dialing (877) 693-6682 (U.S. / Canada) or (706) 679-6397 (International) conference ID: 49104352. The call will also be webcast at http://investor.pctel.com/events.cfm.

About Ascom

Ascom is an international solution provider with comprehensive technological know-how in Mission-Critical Communication. The company concentrates on core areas as Wireless Solutions (high-value, customer-specific on-site communications solutions), Security Solutions (applications for security, communication and control systems for infrastructure operators, public security institutions and the army) and TEMS (a global market leader in optimization solutions for mobile networks). The company has subsidiaries in 19 countries and a workforce of some 2,300 employees worldwide. Ascom registered shares (symbol ASCN) are listed on the SIX Swiss Exchange in Zurich.

About PCTEL

PCTEL, Inc. (NASDAQ: PCTI), is a global leader in propagation and wireless network optimization solutions. The company designs and develops software-based radios for wireless network optimization and develops and distributes innovative antenna solutions. The company’s SeeGull^® scanning receivers, receiver-based products and CLARIFY^® interference management solutions are used to measure, monitor and optimize cellular networks. PCTEL’s SeeGull scanning receivers are deployed in industry leading wireless test and measurement equipment and viewed as an essential wireless data collection tool for cellular network optimization, drive tests, and spectrum clearing. PCTEL develops and supports scanning receivers for LTE, EVDO, CDMA, WCDMA, UMTS, TDS-CDMA and WiMAX networks.

PCTEL’s MAXRAD^®, Bluewave™ and Wi-Sys™ antenna solutions address public safety, military, aviation, defense and government applications; SCADA, Health Care, Energy, Smart Grid and Agricultural applications; Indoor Wireless, Wireless Backhaul, and Cellular applications. Its portfolio includes a broad range of WiMAX antennas, WiFi antennas, Land Mobile Radio antennas, and precision GPS antennas that serve innovative applications in telemetry, RFID, in-building, fleet management, and mesh networks. PCTEL provides parabolic antennas, ruggedized antennas, yagi antennas, military antennas, precision aviation antennas and other high performance antennas for many applications. PCTEL’s products are sold worldwide through direct and indirect channels. For more information, please visit the company’s web site www.pctel.com, www.antenna.com, www.antenna.pctel.com, or www.rfsolutions.pctel.com.

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PCTEL Safe Harbor Statement

This press release contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Specifically, the statements regarding PCTEL’s expectations regarding the continued design, development, sale and support of best-in-class scanning receivers for the wireless industry, and benefits resulting from funding the development of compatibility between PCTEL’s scanning receivers and Ascom’s benchmarking solutions are forward looking statements within the meaning of the safe harbor. These statements are based on management’s current expectations and actual results may differ materially from those projected as a result of certain risks and uncertainties, including the ability to successfully grow the scanning receiver business. These and other risks and uncertainties are detailed in PCTEL’s Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and PCTEL disclaims any obligation to update or revise the information contained in any forward-looking statement, whether as a result of new information, future events or otherwise.

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For further information contact:

Jack Seller
Public Relations
PCTEL, Inc.
(630) 339-2116
jack.seller@pctel.com Mary McGowan
Investor Relations
Summit IR Group
(408) 404-5401
mary@summitirgroup.com

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