- This acquisition is an important step in Airspan’s growth, which emphasizes critical new solutions in mobile and broadband.
- The addition of the Mimosa team strengthens Airspan’s capabilities in the disruptive massively scalable densification techniques required by the 4G/5G telecom expenditure cycle.
- The transaction provides Mimosa’s intellectual property assets as well as the company’s experience in massive MIMO.
Overview
On November 20, 2018, Airspan acquired Mimosa Networks, a leading provider of wireless broadband communication services designed to deliver 5G fixed wireless connection.
Financial terms of the transaction were not disclosed.
Significance
Catapult’s role
- The Catapult team served as Mimosa Networks’ strategic and financial advisor, supporting the development and execution of Mimosa’s M&A strategy.