Boldyn Networks Expands Footprint with Acquisition of Smart Mobile Labs

Deal News | Jan 23, 2025 | PR Newswire Cision Boldyn Networks

Boldyn Networks, a leading global provider of shared network infrastructure, has announced an agreement to acquire Smart Mobile Labs (SML), a German leader in private 5G networks and applications. This acquisition marks Boldyn's entry into the German market and expands its global footprint, enhancing its capabilities in private mobile networks across Europe and the US. Justin Berger, Boldyn's Group Chief Strategy Officer, highlighted Germany's attractiveness as a market for mobile private networks and the strategic benefits of integrating SML's experience and expertise. Igor Leprince, Boldyn's CEO, emphasized SML's strong customer base and its role in the company's global expansion into key markets. Klaus Nagora, CEO & Founder of SML, expressed excitement about joining Boldyn's global growth journey, which will enable the company to scale its offerings globally. The acquisition positions Boldyn as a major player in providing specialized 5G solutions across various sectors, including logistics, autonomous driving, and airport safety.

Sectors

  • Telecommunications
  • Information Technology

Geography

  • Germany – The article discusses Boldyn Networks' acquisition of Smart Mobile Labs, a German company, marking Boldyn's entry into the German market.
  • United Kingdom – Boldyn Networks is a UK-based company, and its strategic decisions and operations are relevant to this geography.

Industry

  • Telecommunications – The article pertains to the telecommunications industry as it involves the acquisition of a company specializing in private 5G network solutions.
  • Information Technology – The focus on private 5G networks and turnkey applications highlights the involvement of information technology in creating advanced communication solutions.

Financials

    Participants

    NameRoleTypeDescription
    Boldyn NetworksAcquirerCompanyA leading global provider of shared network infrastructure, expanding its footprint in mobile private networks.
    Smart Mobile LabsTargetCompanyGermany's market leader in bespoke private 5G networks and turnkey applications.
    Justin BergerGroup Chief Strategy OfficerPersonExecutive at Boldyn Networks emphasizing strategic market expansion.
    Igor LeprinceGroup Chief Executive OfficerPersonCEO of Boldyn Networks focusing on digital transformation and expansion through 4G and 5G networks.
    Klaus NagoraCEO & FounderPersonLeader at Smart Mobile Labs excited about the global growth potential with Boldyn.
    Rüdiger HnykCOOPersonChief Operating Officer at Smart Mobile Labs, highlighting joint capabilities in 5G solutions.