Ceragon Networks Acquires Siklu

December 5, 2023

Ceragon Networks Ltd. completed its acquisition of Siklu, a provider of multi‑Gigabit mmWave "wireless fiber" connectivity, in a transaction with an enterprise value of approximately $13–15 million. The deal (partly paid with ~1.5 million Ceragon shares and assumption of ~$10–12 million of liabilities) is intended to expand Ceragon's mmWave and Fixed Wireless Access capabilities and increase its presence with private networks and small service providers in North America.

Buyers
Ceragon Networks Ltd.
Targets
Siklu
Sellers
Siklu shareholders
Location
California, United States
Transaction Type
Buyout

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