(Image Source: Airspan Networks)
Airspan Networks recently announced it has acquired Mimosa Networks, a provider of hybrid fiber-wireless solutions, as the company aims to expand its sales channels.
Financial terms of the deal were not disclosed.
Known for its involvement in manufacturing Sprint’s Magic Box small cell, Airspan’s CEO said in statement that the purchase of Santa Clara, Calif.-based Mimosa will strengthen the company’s densification techniques.
“This important step in Airspan’s growth emphasizes critical new solutions in mobile and broadband and the addition of the Santa Clara team strengthens our capabilities in the disruptive massively scalable densification techniques that are required by the 4G/5G telecom expenditure cycle currently underway. Mimosa brings important intellectual property to the table and accelerates Airspan’s path to delivering 5G features such as Massive MIMO to the industry,” said Airspan CEO Eric Stonestrom in a statement.
Stonestrom also noted the combined company will have a broader customer base.
“Mimosa’s disruptive and award-winning fixed wireless technology addresses the rapidly growing wireless broadband markets and further establishes Airspan as a leader in the convergence of densified 4G/5G mobile network backhaul and Broadband Access,” he added. “Also the strong distribution channel allows Airspan products to be sold to many more customers.”
Airspan said Mimosa’s channel-led sales strategy will also boost distribution of Airspan’s existing product portfolio for vertical markets like private LTE and applications in the CBRS band.
Filed Under: Wireless Week
