HERNDON, Virginia., February 23, 2021 / PRNewswire / – Enabled February 16, 2021, Codan Limited announced that it has reached an agreement to acquire 100% of the shares of the US company DTC from a private equity firm. The acquisition is expected to be finalized by April 30, 2021, subject to regulatory conditions typical of transactions of this nature.
DTC is a commercially out-of-the-box high-bandwidth wireless communications technology provider with capabilities in MIMO mesh networks and next-generation software-defined radios that broadcast data over its self-paced and self-paced networks. repairers.
DTC is a long-time and trusted supplier to more than 20 key US government agencies, as well as the “Five Eyes” intelligence communities including the military, special forces, border control, first responders and broadcasters. DTC is headquartered in the United States, with sites in the United Kingdom and Denmark.
Chief Executive Officer of Codan, Donald McGurkSaid, “The acquisition of DTC is in line with Codan’s well-publicized strategic growth plan for our Tactical Communications business. This is focused on providing complete voice, data and video communications solutions by moving from a voice-only platform.
President of Codan for tactical communications, Paul Sangster, said: “DTC is an important strategic acquisition for us and provides complementary capabilities to our existing tactical communications solutions. We will be able to add immediate value by integrating the DTC and Codan sales and marketing teams as we open up new geographic routes to the market. In the long term, our combined engineering capabilities will enable us to bring unique communications solutions to a diverse global customer base, from military to security to broadcasting. “
Managing Director of DTC, Juan Navarro said, “Codan is a perfect fit for DTC given our shared commitment to meeting the critical communication needs of our customers. DTC’s product portfolio is complementary to Codan’s tactical communications solutions in the markets we jointly serve. We believe there is a great cultural alignment, and DTC looks forward to working with Codan to effect seamless integration into the Codan group. “
Based at Herndon, Virginia, DTC is a global leader in off-the-shelf Strategic Tactical Commercial Communication (“COTS”) solutions for the military, law enforcement, intelligence agencies and unmanned systems. DTC’s differentiated waveforms deliver the longest range and best throughput with the lowest latency, delivering secure real-time situational awareness in the harshest environments.
Elaine wilde, DTC Marketing
E: [email protected]
Codan is a global technology company that develops robust technology solutions to solve customer communication, safety, security and productivity challenges in some of the world’s most challenging environments.
Francesca Doyle, Codan Communications Marketing
Phone. + 61 407 095 986
E: [email protected]
SOURCE Domo Tactical Communications (DTC)