LONDON-Actix, a wireless network performance solutions developer, announced it has acquired a similar company, German network optimization software maker Radioplan GmbH.
The move expands Actix’s presence into Germany and gives the company inroads into the automated wireless network optimization software markets in Europe, the United States, and Asia, where Radioplan has existing customers.
“Actix and Radioplan products are a natural fit; like us, Radioplan automates key wireless engineering processes to realize potentially huge reductions in the cost of engineering wireless networks,” stated Dave Wilkinson, chief executive of Actix. “Radioplan’s Dresden headquarters also gives Actix a new base in continental Europe and a highly skilled engineering team in the strategically important German market.”
Actix is a privately held company backed by Summit Partners, while Radioplan is financed by private capital from its directors and founders with additional funding coming from public ventures.
The terms of the acquisition were not disclosed.
