COMS - Mergers and acquisitions

Transaction Advances the Company's Refocusing Efforts on its 4G LTE and 5G Wireless Connectivity Solutions DALLAS, Dec. 22, 2022 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ:COMS) and (NASDAQ:COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems and solutions, today announced an agreement to sell its Israel-based, Sky Sapience ("SKS") tethered drone unit to Titan Innovations ("Titan") for total cash consideration of $1.8 million. Titan Innovations, based in Israel, is a developer of specialized, fully integrated

DALLAS, Aug. 18, 2021 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ:COMS) ("COMSovereign" or "the Company"), a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions, today announced that it has completed the acquisition of the majority of outstanding shares of SAGUNA Networks LTD ("SAGUNA"), the premier Multi-Access Edge Computing ("MEC") cloud software developer, significantly expanding its software technology offerings powering 5G wireless networks. Terms of the transaction include total consideration of $13.6 million in shares of restricted

DALLAS, July 16, 2021 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ:COMS) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions, today announced that it has acquired RF Engineering & Energy Resource ("RFEQ"), a specialist in the design, outsourced manufacturing and distribution of ultra-high performance microwave antennas and other branded solutions for the wireless and wireline industries in the United States and Latin America. Terms of the transaction include total consideration of approximately $2.2

DALLAS, March 1, 2021 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS) ("COMSovereign" or "Company"), a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions, today announced the acquisition of Israel-based Sky Sapience, a top developer of fielded tethered aerial rotorcraft platforms for defense, homeland security and commercial markets. The total purchase price was approximately $12.7 million, consisting of $2.7 million in cash and 2.55 million shares of common stock.Transaction Highlights Continue Reading "Sky Sapience's unique fiber optic tether technology will allow us to implement full 4G or 5G airborne networks simultaneously with advan

DALLAS, Feb. 2, 2021 /PRNewswire/ -- COMSovereign Holding Corp. (Nasdaq: COMS) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions, has completed the previously announced purchase of a 140,000 sq. ft. manufacturing facility in Tucson, Arizona. The new production facility advances the Company's "Made in the America" commitment, and is located on 12.7 acres in Tucson, Arizona. The Tucson facility will serve as the Company's principal manufacturing site for the majority of its products including its new line of 4G LTE & 5G wireless radios and electronics products, along with intelligent battery and backup power supply system

DALLAS, Feb. 1, 2021 /PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions, announced today that it completed the acquisition of Skyline Technology Partners, LLC d/b/a Fastback Networks ("Fastback"). The transaction includes all operations, radio designs, customers, and intellectual property of Fastback. Terms of the transaction include total consideration of approximately $14 million consisting of cash, debentures, and convertible debentures. In addition to an installed base of tier one mobile network operator customers in North America, the acquisition is highlight