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Announced

Completed

Aviat completed the acquisition of Redline for $13m.

Financials

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Transaction Value£10m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

IT Services: Other

wireless networks

Canada

Private

Cross Border

Acquisition

Single Bidder

Friendly

Majority

Synopsis

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Aviat Networks, a wireless transport solutions provider, completed the acquisition of Redline Communications, a data infrastructure services provider, for $13m. "We are very pleased to close this transaction so that we will now be able to offer our customers a complete solution, including Private LTE/5G. Redline's leading portfolio of industrial wireless access solutions will enable Aviat to expand our offering and addressable market globally," Peter Smith, Aviat Networks CEO.

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