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

Sunnyvale, California, United States
Category Company
Founded 2008
Sector Communications
DESCRIPTION

NextNav is a provider of high-precision location service for mobile wireless use indoors and in environments where GPS signals have difficulty penetrating buildings. NextNav was founded in 2008 and is based in Sunnyvale, California.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (France) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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