CommScope Completes Acquisition of Airvana
October, 1 2015
HICKORY, N.C.--(BUSINESS WIRE)--CommScope, a global provider of connectivity and essential infrastructure solutions for communications networks, has completed its acquisition of Airvana LP, a privately-held leader in small cell solutions for wireless networks.
Airvana provides award-winning 4G LTE and 3G small cell solutions that enable people to access communications, information and entertainment in the most challenging and high-value environments—offices, public venues and homes.
This acquisition will expand CommScope’s leadership and capabilities in providing indoor wireless capacity and coverage, an increasingly important market opportunity that is growing due to consumers’ and businesses’ insatiable demand for wireless data. The combination of Airvana’s innovative small cell offerings and CommScope’s industry-leading distributed antenna systems (DAS) portfolio will enable CommScope to provide a broader range of solutions, addressing single-operator, single-band, low capacity environments all the way through multi-carrier, multi-technology, multi-band, high capacity environments.
Terms of the agreement are not being disclosed. Richard Lowe, Airvana’s president and chief executive officer; Vedat Eyuboglu, Airvana’s co-founder and chief technology officer; and Airvana’s existing employees, most of whom are in Chelmsford, Mass. and Bangalore, India, will join CommScope. The acquired business will continue to be headquartered in Chelmsford and will operate within CommScope’s Wireless segment.
“We welcome the Airvana team to CommScope and are excited about our future together,” said Eddie Edwards, president and chief executive officer, CommScope. “We will continue our efforts to innovatively help the world’s network operators address their indoor wireless challenges.”
CommScope (NASDAQ: COMM) helps companies around the world design, build and manage their wired and wireless networks. Our vast portfolio of network infrastructure includes some of the world’s most robust and innovative wireless and fiber optic solutions. Our talented and experienced global team is driven to help customers increase bandwidth; maximize existing capacity; improve network performance and availability; increase energy efficiency; and simplify technology migration. You will find our solutions in the largest buildings, venues and outdoor spaces; in data centers and buildings of all shapes, sizes and complexity; at wireless cell sites; in telecom central offices and cable headends; in FTTx deployments; and in airports, trains, and tunnels. Vital networks around the world run on CommScope solutions.
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Airvana enables mobile operators to deliver dramatically better service to subscribers in the most challenging and high-value environments: offices, public venues, and in the home. The company’s award-winning 4G LTE and 3G small cell solutions ensure “five bar” voice coverage, superior data performance, and expanded capacity for wireless services. Independent research firms consistently rank Airvana among the small cell market share leaders. Headquartered in Chelmsford, Mass., USA, Airvana is a founding member of the Small Cell Forum and has 15 years of experience providing commercial wireless equipment to over 90 operators globally. For more information, visit www.airvana.com.
This press release includes forward-looking statements that are based on information currently available to management, management’s beliefs, as well as on a number of assumptions concerning future events. Forward-looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, which could cause the actual results to differ materially from those currently expected. In providing forward-looking statements, the company does not intend, and is not undertaking any obligation or duty, to update these statements as a result of new information, future events or otherwise.