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New Deal


Announced

Cambium Networks acquired Xirrus Wi-Fi Networks from Riverbed Technology.

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Acquisition

United States

Internet

internet services

Private

Synopsis

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Cambium Networks, a leading global provider of wireless networking solutions, acquired Xirrus Wi-Fi Networks from Riverbed Technology, an American information technology company. Financial terms were not disclosed. “Wireless is the technology of choice for connecting people, places and things,” said Atul Bhatnagar, President and CEO of Cambium Networks. “We are very pleased to fortify the Cambium Networks enterprise team with the talented Xirrus team. The Xirrus team brings a history of innovation and deep experience in high-performance Wi-Fi development, scalable cloud services, high-density customer deployments, advanced network analytics, and cloud subscription services to Cambium Networks. We are equally pleased to welcome Xirrus’ worldwide customers and channel partners to the Cambium Networks community and look forward to building our relationship with both.”

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