Airgain has acquired privately-held NimbeLink. The acquisition is key to Airgain’s ongoing strategy to expand its penetration of the multi-billion-dollar Industrial IoT and M2M markets. Airgain plans to accelerate new wireless product and solution development to expand market footprint while creating new and expansive revenue opportunities. The combined product offering is expected to enable the rapid realization of the company’s global vision for the AirgainConnect.. antenna-modem platform. Airgain expects to have approximately $23.0 million of cash and no debt and no cash equivalents.
Source: https://www.helpnetsecurity.com/2021/01/11/airgain-nimbelink/