TORONTO – Wireless network provider Redline Communications has agreed to buy California-based PureWave Networks for $2 million in a deal that will allow it to add LTE-based capabilities to its suite of network solutions, the company announced Tuesday.
PureWave Networks is a privately held wireless technology company located in Santa Clara, California. Redline said that it will be acquiring all of PureWave's assets, including their technology IP and patents, and will also extend offers of employment to a number of its employees. These new employees will be integrated into Redline Innovations Group, a U.S.-based subsidiary of Redline Communications Group Inc.
“LTE had been on Redline's technology development roadmap and we expect that the PureWave technology will accelerate the development of LTE-based capabilities for our networks," said Redline CEO Rob Williams, in the announcement. “We see applications for Redline networks with LTE capabilities in several markets, including oil and gas where we will be able to offer LTE access for workers operating at rig sites and facilities, public safety where LTE spectrum has been set aside to create private networks, and for telecom service providers in emerging countries who have access to LTE spectrum and want to deliver premium wireless service to business customers.”
Redline specializes in rugged, secure wireless networks that transport applications and services ranging from M2M data to video and VoIP. Its networks operate over wide areas, often under harsh conditions.
