Leonardo Agrees to Acquire Majority Stake in Alea
Tuesday, June 08, 2021 | Comments

Leonardo signed an agreement for the acquisition of 70% of the share capital of Alea, a company specializing in mission- and business-critical communication software, with the option for a subsequent acquisition of the remaining 30%.

In doing so, Leonardo will consolidate its offer with a mission-critical multimedia application infrastructure compliant with Third Generation Partnership Project (3GPP) standards. Alea’s skills will make it possible to strengthen the proposition in the broadband field, at the same time favoring the creation of integrated narrowband and broadband communication infrastructures and reducing the time-to-market, both a critical success factor in a rapidly evolving market.

Specifically, the acquisition of Alea will make it possible to integrate a new solution dedicated to operational communications in the railway sector according to Future Rail Mobile Communication System (FRMCS) standards and the Talkway suite for business critical communications into Leonardo’s portfolio. The new FRMCS technology, which will progressively replace the GSM-R standard currently in operation on thousands of kilometers of railways around the world, is a key element for the digitalization of rail transport, while Talkway enables professional push-to-talk (PTT) communications similar to radio ones, video and photo management, messaging and localization constantly monitored from the operations room via a dedicated web platform.

The closing of the transaction is contingent on fulfillment of conditions precedent and is expected to take place during the third quarter of this year.

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