Germany is expected to become one of Europe's largest MPN markets in the next decade. As a result, SML is becoming a key player in sectors such as industry and energy, transportation and logistics, healthcare, defense, research and education, and public and private security. SML also adds capabilities to Boldyn with its patented live video streaming software solution, EVO (Edge Video Orchestrator).
Justin Berger, Director of Strategy at Boldyn Networks, stated, “Germany is a very attractive market for private mobile networks. By incorporating Smart Mobile Labs’ expertise into Boldyn, we will be able to expand our existing private networking capabilities to benefit customers seeking a partner in this European region.” He added, “SML’s management team has a combined 100 years of experience in engineering and technology, which complements the valuable expertise of all our employees.”
Igor Leprince, CEO of Boldyn Networks, added: “At Boldyn, we are leaders in reimagining customers’ digital transformations through dynamic 4G and 5G private networks. As a major player in the rapidly growing private network ecosystem, Smart Mobile Labs will drive our expansion in the top five markets in Europe and globally. SML brings with it an impressive customer base in key sectors for us, who rely on its strong technical capabilities, innovation, and market-leading partner network.”
Klaus Nagora, CEO and Founder of Smart Mobile Labs, explains, “Joining Boldyn Networks on its global growth journey is exciting for us and our customers. We will be able to expand our private network and EVO offerings not only within Germany, but worldwide, now backed by a host-neutral leader and a global team of experts. We share Boldyn’s focus on developing bold solutions that address our customers’ needs. Anticipating those needs is in our DNA.”
Similarly, in the words of Rüdiger Hnyk, Chief Operating Officer of Smart Mobile Labs, “SML and Boldyn will become a major player in the private 5G network market in Europe. We will now be able to offer the most experienced references for specialized solutions on the market. From remote-controlled trains and container handling solutions for logistics storage, to autonomous driving and valet parking, security applications such as 5G drone patrols, and video camera control solutions for airports. Our combined capabilities will be ideally suited to successfully meet the growing demands of various sectors.”
The closing of the transaction is subject to customary conditions and is expected to be completed in the first quarter of the year.
