Airties signs pact to acquire Bengaluru-based Aprecomm

New Delhi, Jul 9 (PTI) Digital connectivity solutions firm Airties has signed a definitive agreement to acquire Bengaluru-based Aprecomm, a statement said on Thursday.

The acquisition accelerates Airties’ geographic expansion, serving broadband operators in high-growth regions and benefits from synergies across product portfolios, R&D, and added AI expertise from Aprecomm to further serve internet service providers (ISPs) around the world, the company said.

The company did not disclose financial details of the deal.

“Aprecomm is very well positioned in growth markets like India and Southeast Asia, so we now have an unmatched foundation to accelerate our expansion further across Asia-Pacific and into South America, two markets where demand for intelligent

connectivity is growing at extraordinary speed,” said Metin Taskin, CEO and Co-Founder of Airties.

“Joining Airties, the industry’s pioneer and leader in advancing connectivity experience, is a strong validation of the vision that has shaped Aprecomm from the start,” said Pramod Gummaraj, CEO and Co-Founder of Aprecomm.

Aprecomm, founded in 2016, offers self-healing Wi-Fi and broadband network solutions for ISPs. PTI MR