ORLAND PARK, Ill.-Andrew Corp. said it acquired privately held Xenicom Ltd. for $11.5 million. Xenicom is a U.K.-based provider of software solutions that help telecommunications operators plan, launch, and manage wireless networks. Andrew said it would pay an additional undisclosed amount of cash if “certain financial performance goals” were met.
“Combining Xenicom’s software capabilities with Andrew’s globally diversified customer base and industry-leading product portfolio creates a new market opportunity for Andrew and a compelling choice for mobile operators worldwide,” said Terry Garner, group president of Andrew’s network solutions business. “This enhances Andrew’s ability to deliver solutions that help our customers improve the capacity of their networks, reduce capital spending and roll out new and upgraded infrastructure more quickly and efficiently.”
Xenicom generated $11 million in sales during the 12 months ending in September. The company counts several major European mobile operators as customers.
