Wi-fi providers supplier Communication Technology Services (CTS), a portfolio firm of Astra Capital Management, has acquired Orlando, Florida-based MSP ClearSky Technologies for an undisclosed quantity.
That is M&A deal quantity 66 that ChannelE2E has lined thus far in 2021. See all technology M&A deals for 2021 and 2020 listed here.
CTS Acquires ClearSky: Bolstering 5G Capabilities
ClearkSky provides a spread of managed providers that assist in the planning, deploying and managing of wi-fi communications. The corporate was an early entrant into the non-public wi-fi community area, with deployments in industries like warehousing and hospitality.
The acquisition bolsters CTS’s community options capabilities and experience, which is able to assist with the profitable deployment of personal LTE and 5G networks, the corporate stated.
ClearSky’s Forte product may also help speed up the combination of Distributed Antenna Techniques (DAS) deployments into service networks, which are sometimes deployed in tunnels and different underground buildings to enhance protection.
Based in 1990, CTS’s specialty is offering in-building and campus wi-fi options. In-building is the apply of guaranteeing wi-fi protection inside buildings and tunnels, and has quite a few public security purposes.
CTS Acquires ClearSky: Partaking Personal Wi-fi Community Markets
CTS Chief Government Officer John Tegan III commented on the acquisition:
“ClearSky’s managed providers portfolio coupled with CTS’ nationwide scale and lengthy historical past of engineering, designing, establishing and servicing in-building wi-fi networks positions us to offer a invaluable and inclusive suite of providers to the non-public wi-fi community market.”
ClearSky CEO, Mike Roudi, added:
“The ClearSky group could be very excited to hitch the CTS household. Combining ClearSky’s product choices with CTS’ nationwide footprint and deployment experience will give us a large aggressive benefit within the rising non-public wi-fi community markets.”
Roudi will be part of the CTS administration group and lead its managed providers enterprise, the corporate introduced. ClearSky has lower than 20 workers, almost all of whom will be part of CTS.