ABB announced that it has agreed to acquire a majority of software service provider Meshmind to expand its research and development (R&D) capabilities in AI, Industrial IoT and machine vision. Through this acquisition, ABB will integrate engineering talent, AI and software knowledge to form a new global R&D hub to further accelerate the development of automation solutions within its Machine Automation division (B&R). The deal will focus on industries such as logistics and manufacturing. (more…)
January 19, 2024
Posted by: Magda Dabrowska
The Fedrigoni Group has acquired a minority stake in SharpEnd/io.tt, an IoT solutions and consulting company led by Cameron Worth, the CEO and founder. This acquisition was made through a capital increase and is part of Fedrigoni’s new corporate venture capital program. (more…)
January 15, 2024
Posted by: Magda Dabrowska
Radisys Corporation (Radisys), a wholly owned subsidiary of Jio Platforms Limited and a global provider of open telecom solutions, announced that it has completed the acquisition of Mimosa Networks, Inc. (‘Mimosa) from Airspan Networks Holdings Inc. Mimosa brings a diverse portfolio of point-to-point and point-to-multi-point connectivity products leveraging unlicensed spectrum bands. (more…)
August 16, 2023
Posted by: Janmesh Chintankar
Telenor announced that all shares in software company Working Group Two will be acquired by the global communications technology company Cisco. Telenor sells its 44.6% share of Working Group Two, in a transaction where Cisco will acquire all shares in the company for an enterprise value of [$150 million (€137.03 million)]. Working Group Two will be incorporated fully into Cisco.
August 14, 2023
Posted by: Janmesh Chintankar
Ubiik, a provider in advanced metering infrastructure (AMI) and private LTE (pLTE) (long term evolution) solutions, has announced the acquisition of New Zealand-based Mimomax Wireless, a provider of communication solutions for narrowband channels. This acquisition will accelerate Ubiik’s market expansion and will bring Ubiik’s pLTE product line to Mimomax’s global customer base. (more…)
July 19, 2023
Posted by: Janmesh Chintankar
AcBel Polytech Inc., has announced the completion of its acquisition of ABB Ltd’s Power Conversion division. The closing of the transaction follows the satisfaction of all conditions precedent, including CFIUS (Committee on Foreign Investment in the United States) clearance. (more…)
July 7, 2023
Posted by: Janmesh Chintankar
2degrees has announced that it is acquiring the broadband customer base of MyRepublic New Zealand as MyRepublic makes its exit from the New Zealand broadband market. (more…)
July 6, 2023
Posted by: Janmesh Chintankar
Midwest fibre-to-the-home (FTTH) provider i3 Broadband has closed the acquisition of Big River Broadband, and its wholly owned subsidiary Circle Fiber. The combination will allow i3 Broadband to further expand its fibre footprint to residential and commercial customers across central Illinois and eastern Missouri.
(more…)
June 15, 2023
Posted by: Janmesh Chintankar
LiveOak Fiber, a regional service provider building and operating a broadband network, announces its acquisition of the Glynn and Camden counties fibre network assets from Alma Telephone Company (ATC) Broadband, a telecommunications company based in Alma, Georgia. (more…)
May 13, 2023
Posted by: Janmesh Chintankar
Quebecor Inc., has announced that the acquisition of Freedom Mobile Inc., by Videotron Ltd., a wholly-owned subsidiary of Quebecor, has been completed, creating the fourth wireless service provider in Canada. With a combined total of more than 3.5 million customers for mobile services alone and the expertise of nearly 7,500 employees, Freedom and Videotron have the leverage to further disrupt Canada’s wireless market.
April 7, 2023
Posted by: Janmesh Chintankar