Deal Snapshot
FON ACQUIRES XCELLAIR TO REINFORCE HOME WIFI SOLUTION
Monday 16 April 2018

Spanish WiFi network Fon has acquired US-based XCellAir, a commercial initiative by mobile research and development company InterDigital Inc. (NASDAQ: IDCC), focused on WiFi Quality of Experience, the company said.
The acquisition strengthens Fontech, Fon's technology arm, which is focused on the development of wireless solutions for operators and enterprises, and further establishes Fon's position in the North American market where XCellAir's sales and technical teams are located.


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Details
Date Published: 16/04/2018
Target: XCellAir
Country: USA
Sector: Telecommunications
Type: Corporate acquisition
Financing:
Status: Closed
Vendor: InterDigital
Buyer: Fon
Comment:
Terms of the deal were not disclosed

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