Aviat Networks Finalizes Acquisition of NEC Wireless Transport Division

AUSTIN, Texas, the innovative head in wireless transport and access solutions, Aviat Networks, Inc. ("Aviat Networks," "Aviat," or the "Company") (AVNW) has officially declared the conclusion of its strategic procurement of the Wireless Transport Business from NEC Corporation. This marks a significant expansion for Aviat Networks, extending its services and product offerings in the wireless networking sector.

Strategic Growth Through Acquisition

The acquisition propels Aviat Networks into a stronger position within the wireless networking industry. By integrating NEC's Wireless Transport Business into its operations, Aviat not only broadens its portfolio but also enhances its technological capabilities and market reach. This move is aligned with Aviat's strategic vision to deliver comprehensive wireless transport solutions globally.

Expanding Global Footprint

With its headquarters in Austin, Texas, Aviat Networks now inherits a legacy of excellence from NEC's Wireless Transport Business, solidifying its presence across various continents that include North America, Africa, Europe, and the Asia Pacific. The acquisition facilitates a combination of expertise and resources that promises to drive innovation and deliver advanced wireless transport solutions to a wider clientele.

Commitment to Shareholders

Aviat Networks takes pride in its sustained commitment to value creation for its shareholders. The completion of this acquisition is expected to contribute positively to the company's financial health and create long-term shareholder value. The inclusion of AVNW stock provides investors with an opportunity to participate in the company's growth trajectory following this substantial business development.

acquisition, expansion, wireless