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GD To Acquire Wireless Broadband Equipment Provider IPWireless

Defense Daily Staff Defense Daily Staff
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General Dynamics [GD] yesterday said it has agreed to acquire the holding company of IPWireless, Inc., a provider of 3G and 4G LTE wireless broadband network equipment, giving an entrée in the market for next-generation wireless broadband communications in the public safety and military markets. Terms of the deal for IPW Holdings, the parent of IPWireless, were not disclosed. The transaction is expected to close in the third quarter of 2012. A substantial portion of IPWireless’ business is made up…

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