The New Zealand-based company provides “converged wireless networks services”
US-based Xiocom Wireless, a provider of integrated wireless broadband solutions, has acquired RoamAD, a New Zealand-based provider of converged wireless networks services, including its brand, trademarks, intellectual property and patents.
According to Xiocom Wireless, the strategic acquisition of the RoamAD platform brings to Xiocom a router and network management technology for wireless broadband networks. The integration of RoamAD and Xiocom technologies enables a cost-effective deployment of wireless broadband networks globally.
Jeff Spence, CEO of Xiocom, said: The global market for wireless broadband solutions continues to grow as the need for connected businesses and communities increases in the developing markets. We are pleased to reach this agreement with RoamAD as their software platform, international presence and entrepreneurial spirit will enhance our ability to serve developing markets with relevant and valuable broadband services.
Martyn Levy, former CEO of RoamAD, said: I am very excited to join Xiocom, a company with the team, vision and resources to build upon the success that RoamAD has achieved. This is an excellent opportunity for our customers and partners. We look forward to serving them with continued excellence as we advance with Xiocom.