TMCnet News
Boingo Wireless to acquire EndekaFeb 22, 2013 (Datamonitor Financial Deals Tracker via COMTEX) -- Boingo Wireless, Inc., a provider of software and services, has signed a merger agreement to acquire Endeka, a provider of commercial Wi-Fi, VoIP and IPTV services to military bases and federal law enforcement training facilities. Both the companies are based in the US. Following the transaction, Endeka will operate as a wholly-owned subsidiary of Boingo Wireless. Deal Type Acquisition Sub-Category 100% Acquisition Deal Status Announced: 2013-02-21 Deal Participants Target (Company) Endeka Acquirer (Company) Boingo Wireless, Inc. Deal Rationale The acquisition will allow Boingo Wireless to expand its service offering to military bases and federal training centers. |