Frequentis Purchases Stake in Nemergent
Wednesday, August 19, 2020 | Comments

Frequentis purchased a 15% stake in LTE and mission-critical services provider Nemergent Solutions.

“We have already enjoyed an excellent working relationship with Nemergent Solutions,” says Frequentis CEO Norbert Haslacher. “We are pleased that we can now strategically expand and deepen this cooperation in the form of an investment. The LTE mobile communications standard brings new opportunities in safety-critical broadband communication. With our bundled software and technology competence we will further expand our market position.”

Current cooperation projects between the two companies are in the field of public transport and public safety, where Nemergent Solutions is contributing with software for application services and end devices, i.e. mobile terminals for emergency services. Nemergent Solutions is also a partner in Frequentis' LTE activities in new business development, such as the EU innovation project BroadWay, which is working on a Europe-wide networked broadband communication in the public safety sector.

“Frequentis' involvement supports the strategic cooperation and promotes the further development and growth of Nemergent,” said managing director Jose Oscar Fajardo. “Together, we will achieve further growth.”

Founded in 2017, the company consists of a team of about 30 employees with strong research and development (R&D) expertise. The Frequentis investment is made through the wholly owned subsidiary BlueCall. The transaction is carried out through a capital increase at Nemergent, for which a binding investment agreement was signed on 7 August in the first step.

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