Codan to Acquire MIMO Mesh Network Provider
Wednesday, February 24, 2021 | Comments

Codan entered into an agreement to acquire 100% of the shares in U.S.-based Domo Tactical Communications (DTC) from a private equity company. The acquisition is expected to be completed by April 30, subject to regulatory conditions typical for transactions of this nature. The amount of the purchase was not released.

"The acquisition of DTC is consistent with Codan's well-publicized strategic growth plan for our tactical communications business,” said Codan CEO Donald McGurk. “This is focused on providing total voice, data and video communications solutions by transitioning from a traditional voice-only platform."

DTC is a commercial off the shelf (COTS) technology provider of high bandwidth wireless communications with capabilities in multiple input multiple output (MIMO) mesh networks and next-generation software-defined radios (SDR) that stream data across its self-forming and self-healing networks.

"DTC is an important strategic acquisition for us and brings complementary capabilities to our existing tactical communications solutions,” said Codan President for Tactical Communications Paul Sangster. “We will be able to add immediate value by integrating DTC's and Codan's sales and marketing teams as we open new geographic routes to market. Over the long term, our combined engineering capabilities will allow us to bring unique communications solutions to a diverse global customer base from military to security to broadcasting."

DTC is a trusted and long-term supplier for more than 20 U.S. government agencies, as well as the "Five Eyes" intelligence communities, including military, special Forces, border control, first responders and broadcasters. DTC is headquartered in the U.S., with locations in the U.K. and Denmark.

"Codan is a perfect fit for DTC given our shared dedication to meeting our customers' mission critical communications needs,” said DTC CEO Juan Navarro. “DTC's product portfolio is complementary to Codan's Tactical Communications solutions across the markets we jointly serve. We believe that there is excellent cultural alignment, and DTC looks forward to working with Codan to effect a seamless integration into the Codan group."

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