Wednesday, November 21, 2018

Airspan Networks Acquires Mimosa Networks

Santa Clara-based Airspan Networks, which develops 4G LTE and 5G wireless backhaul and networking equipment, said on Tuesday that it has acquired Mimosa Networks. Financial details of the acquisition were not announced. According to Airspan, the deal will help it expand its North American presence, and add an engineering center in Silicon Valley. Airspan is backed by Oak Investment Partners, via Oak Investment Partner XI, LP. Mimosa, like Airspan, develops wireless backhaul equipment.