M&A Deal Summary

NextNav Acquires Nestwave

On November 2, 2022, NextNav acquired communications company Nestwave for 18M USD

Acquisition Highlights
  • This is NextNav’s 1st transaction in the Communications sector.
  • This is NextNav’s largest (disclosed) transaction.
  • This is NextNav’s 1st transaction in France.

M&A Deal Summary

Date 2022-11-02
Target Nestwave
Sector Communications
Buyer(s) NextNav
Deal Type Add-on Acquisition
Deal Value 18M USD

Target

Nestwave

Neuilly-sur-Seine, France
Nestwave enables the proliferation of IoT geolocation by providing the smallest, most efficient, lowest component count solutions. Its combination of IP and cloud services eliminates the need for conventional GPS/GNSS chipsets and dramatically reduces power consumption. Combining GNSS, 5G and WiFi location, Nestwave IP can be incorporated into existing DSPs and modems without re-design. The cloud-assisted implementation leverages the computation power of the cloud and keeps power consumption to a minimum. Nestwave is based in Neuilly-sur-Seine, France.

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Buyer(S) 1

Buyer

NextNav

Reston, Virginia, United States

Category Company
Founded 2007
Sector Communications
Employees96
Revenue 6M USD (2024)
DESCRIPTION

NextNav is a provider of high-precision location services for mobile and wireless applications, delivering accurate positioning indoors and in GPS-challenged environments. NextNav was founded in 2007 and is based in Reston, Virginia.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2022 M&A 1 of 1
Size (of disclosed) 1 of 1