DragonWave Inc. a global supplier of packet microwave radio systems for mobile and access networks, has announced that it will be acquired by Transform-X, a US-based privately held company possessing advanced waveform, software and hardware technologies to drive future evolutions in high-capacity microwave radio, satellite radio, broadcast and other RF communications, the company said.
The transaction is synergistic and will provide opportunities for DragonWave to integrate innovative new capability into current and future products in order to address critical 5G backhaul challenges.
The transaction is expected to close by mid-October, concluding the receivership process. New additions to the DragonWave management team will be announced in the near future.
DragonWave® is a provider of high-capacity packet microwave solutions that drive next-generation IP networks. For more information, visit http://www.dragonwaveinc.com.
