Boldyn Networks Closes Acquisition Of Cellnex's Private Networks Business

 


Boldyn Networks has completed its acquisition of Cellnex's private networks business unit, including the Finnish leader Edzcom. This strategic move establishes Boldyn as a significant player in the growing private networks market and expands its wireless solutions portfolio. The acquisition incorporates over 50 private network implementations across key European countries, empowering world-class enterprises with dynamic private networks for Industry 4.0 innovation. Boldyn's Group CEO, Igor Leprince, asserts the company's leadership in deploying wireless networks for public, hybrid, and private applications, enhancing expertise to interconnect complex environments. Mikko Uusitalo, Edzcom's CEO, expresses excitement about joining Boldyn Networks and contributing to innovation in the rapidly growing private networks sector. The integration of Cellnex's private networks business unit into Boldyn's Group Strategy team marks a strategic alignment for future growth, reinforcing Boldyn's capability to provide top-tier connectivity for industrial transformation.

Justin Berger, Boldyn's Group CSO, envisions leveraging bespoke private networks to enable advanced 5G use cases, fostering efficiency and productivity improvements across various sectors. He emphasizes the potential applications in enterprise automation, advanced robotics, video surveillance, and more, highlighting private 5G networks' role in providing secure connectivity for unlocking new services and facilitating real-time network control and monitoring. The collaboration aims to contribute to the development of innovative 5G use cases that drive significant improvements in efficiency and productivity across diverse industries.

Read More - https://www.techdogs.com/tech-news/pr-newswire/boldyn-networks-closes-acquisition-of-cellnexs-private-networks-business

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