Blue Danube Systems Enters Agreement to Be Acquired by NEC Corporation
January 27 2022 - 11:00PM
Business Wire
Blue Danube Systems, a provider of intelligent wireless access
solutions that help mobile operators address the challenge of
explosive data growth, is announcing today that it has signed a
definitive agreement to be acquired by NEC Corporation. The deal is
expected to close around March of 2022, pending regulatory
approval.
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Blue Danube BeamCraft Installation on
Waikiki Beach Hawaii (Photo: Business Wire)
Blue Danube has successfully demonstrated its Coherent Massive
MIMO 5G beamforming technology in numerous trials around the world,
delivering up to 3X capacity increases with first generation
software in commercial mobile networks using existing mobile
phones. Deploying Coherent Massive MIMO together with autonomous
AI/ML beam optimization software, mobile network operators can
economically improve overall multi-site performance in both FDD and
TDD bands. Blue Danube’s technology has been demonstrated not only
to improve network capacity, but also to greatly improve coverage,
for instance avoiding new sites at higher frequency bands and
cost-effectively providing 5G user experience to rural communities.
Blue Danube’s products have been in commercial service for over 5
years, are compatible with both 4G and 5G baseband processing and
have proven to be reliable over a wide range of deployment
scenarios and environmental conditions.
Mark Pinto, CEO of Blue Danube, said, “We are excited about
joining the NEC team that is an Open RAN leader and recognized for
its end-to-end Open 5G solutions and system integration
capabilities. Becoming part of NEC enables Blue Danube to expand
our 5G product offerings, and together we will bring ever more
powerful hardware and software products based on O-RAN
specifications to customers worldwide.”
About Blue Danube Systems
Blue Danube Systems designs next generation wireless solutions
for mobile networks and other applications. Our Coherent Massive
MIMO solution brings 5G beamforming to today’s networks
dramatically increasing network capacity and end user experience.
Together with cloud-based software suite utilizing machine learning
techniques, our technology can provide substantial capacity and
coverage improvement in cellular networks with today’s smartphones.
Blue Danube Systems is a privately held US-based start-up backed by
Sequoia Capital and Silver Lake along with other investors
including AT&T. For more information, please visit
www.bluedanube.com
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Sue Stein Blue Danube 650.316.5010 suestein@bluedanube.com