Boldyn Networks, a shared network infrastructure provider, has announced an agreement to acquire Germany-based Smart Mobile Labs (SML), a provider of bespoke private 5G networks. The acquisition marks Boldyn's entry into the German market and expand its global footprint. "The strategic acquisition enhances Boldyn's technical knowledge for critical sectors, tailored use cases, and the further development of its Private 5G as a Service offering," Boldyn said in a recent statement.
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Enhancing Expertise in Key Sectors
This move strengthens Boldyn’s position in the mobile private network (MPN) sector, expanding its footprint to include over 110 MPN implementations across Europe and the US, according to the official announcement.
Boldyn highlighted that SML is a key MPN player in sectors such as industrial and energy, transport and logistics, healthcare, defense, research and education, and public and private safety. This acquisition will enhance Boldyn's technical expertise in these areas. Additionally, SML’'s proprietary live video streaming software, EVO (Edge Video Orchestrator), will further complement Boldyn's service offerings.
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Justin Berger, Group Chief Strategy Officer at Boldyn Networks said: "Germany is a very attractive market for mobile private networks. By bringing Smart Mobile Labs' expertise to Boldyn, we'll be able to scale our existing private networks expertise to benefit customers looking for a partner of choice across a wider area of Europe."
Igor Leprince, Group Chief Executive Officer at Boldyn Networks added: "As an important player in the fast-rising private network ecosystem Smart Mobile Labs will support our expansion in the top five markets in Europe and globally. SML comes with an impressive customer base across key sectors for us, which rely on their strong technical capabilities, innovation, and a market-leading partner network."
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Adding Value to Boldyn's Offerings
"SML and Boldyn together will become a major player for private 5G offerings in Europe," said Rudiger Hnyk, COO of Smart Mobile Labs. "We will now be able to offer the most experienced and most practical references for specialised market solutions. From remote-driven trains and container handling solutions for logistics storage to autonomous driving and valet parking, safety applications like "5G drone patrol", and video camera control solutions for airports, our joint capabilities will be best suited to cover the growing demands of a variety of sectors successfully."
The deal is expected to close in Q1 2025, subject to customary closing conditions.
