M&A Deal Summary

Ceragon Networks Acquires Siklu

On October 24, 2023, Ceragon Networks acquired communications company Siklu

Acquisition Highlights
  • This is Ceragon Networks’ 1st transaction in the Communications sector.
  • This is Ceragon Networks’ 1st transaction in the United States.
  • This is Ceragon Networks’ 1st transaction in California.

M&A Deal Summary

Date 2023-10-24
Target Siklu
Sector Communications
Buyer(s) Ceragon Networks
Deal Type Add-on Acquisition

Target

Siklu

Irvine, California, United States
Siklu delivers multi-gigabit “wireless fiber” connectivity in urban, suburban, and rural areas. Operating in the millimeter wave bands, Its wireless solutions are used by service providers and system integrators to provide 5G Gigabit Wireless Access services. Siklu is based in Irvine, California.

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Buyer(S) 1

Buyer

Ceragon Networks

Rosh Haayin, Israel

Category Company
Founded 1996
Sector Technology Hardware
Employees1,006
Revenue 291M USD (2021)
DESCRIPTION

Ceragon Networks is a provider of wireless backhaul and fronthaul solutions to mobile operators to deliver broadband services. Ceragon Networks was founded in 1996 and is based in Rosh Haayin, Israel.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1