Frequentis expands portfolio with new investment
Frequentis has acquired a 15 per cent shareholding in Spanish software specialist Nemergent Solutions.
Speaking of the investment, Frequentis CEO Norbert Haslacher said: “We have already enjoyed an excellent working relationship with Nemergent Solutions. The LTE mobile communications standard brings new opportunities in safety-critical broadband communication. With our bundled software and technology competence, we will further expand our market position.”
Nemergent has partnered with Frequentis on the BroadWay project, which aims to provide boundary-free mission critical broadband to public safety workers across Europe.
The investment discussed above was made through wholly-owned subsidiary BlueCall GmbH.
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