2024-05-28 Press Release: Ceragon Networks Completes Acquisition of Siklu
In a strategic move set to enhance market presence and service capabilities, Ceragon Networks Ltd. has completed its acquisition of Siklu, one of our partners, and a leading provider of multi-Gigabit "wireless fiber" connectivity.
Enhanced Capabilities and Market Reach The acquisition, brings together Ceragon’s expertise in 5G wireless transport with Siklu’s stronghold in the millimeter-wave market.
This merger enables Ceragon to offer a more comprehensive end-to-end solution to its clients, strengthening its foothold in the market and expanding its service offerings. Doron Arazi, CEO of Ceragon, highlighted that the acquisition is a crucial step in accelerating the company’s growth strategy. "By expanding our presence with the fastest-growing market segments and enhancing our end-to-end solutions, we can better address the evolving needs of private networks," Arazi stated. Broader Implications for the Industry This acquisition positions Ceragon to better meet the demands of the evolving digital landscape, providing robust solutions for 5G and 4G networks. The combined expertise and resources of Ceragon and Siklu will offer enhanced connectivity solutions, driving productivity and network modernization. For small service providers and private network operators, this means access to superior connectivity solutions that are both reliable and efficient, utilizing minimal resources while maximizing performance. For more details, visit ceragon.com About Ceragon Networks: Ceragon Networks Ltd. (NASDAQ: CRNT) is a global leader in 5G wireless transport solutions, helping operators and service providers worldwide enhance operational efficiency and end-user experience with innovative backhaul and fronthaul solutions. Serving over 600 service providers and more than 1,600 private network owners across 130+ countries, Ceragon delivers reliable, high-capacity wireless transport for 5G and 4G networks.
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