NEC's wireless transport solutions brand, PASOLINK, is recognized by customers around the world for its leading quality and reliability. With highly complementary customers and markets, this combination will create the largest global wireless transport specialist and the third largest microwave vendor overall by revenue based on the latest industry report from
NEC is confident that the integration of its wireless transport division with Aviat will bring significant benefits to both companies. This agreement enables NEC to focus efforts on its core business while still maintaining a strong relationship with Aviat. As the largest minority shareholder of Aviat, NEC will designate a board member which Aviat agrees to nominate for election, ensuring continued collaboration and success for both companies. Both sides are committed to providing customers with a smooth transition period without service disruption and with the ultimate goal of a better customer experience as a result of the transaction. NEC will continue to operate the PASOLINK business in
"As a leader in the field of wireless transport, NEC has accumulated many years of advanced technologies and knowledge by providing solutions to a wide range of customers around the world," said
"This transaction advances Aviat's strategic goal to create the leading wireless transport specialist and to add meaningful scale to our business," said
Aviat and NEC have a history of collaborating together. In 2019, the two companies entered into an agreement for Aviat to serve as the channel partner for NEC in
The transaction has been approved by the board of directors of both companies and is subject to customary closing conditions, including regulatory approvals. Aviat expects the deal to close in the third calendar quarter of 2023. The deal consideration is
About Aviat Networks
Aviat Networks, Inc. is the leading expert in wireless transport solutions and works to provide dependable products, services and support to its customers. With more than one million systems sold in 170 countries worldwide, communications service providers and private network operators including state/local government, utility, federal government and defense organizations trust Aviat with their critical applications. Coupled with a long history of microwave innovations, Aviat provides a comprehensive suite of localized professional and support services enabling customers to simplify both their networks and their lives. For more than 70 years, the experts at Aviat have delivered high-performance products, simplified operations, and the best overall customer experience. Aviat is headquartered in
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