General Dynamics Completes Acquisition of IPWireless
FALLS CHURCH, Va. – General Dynamics (NYSE:GD) completed its previously announced purchase of IPW Holdings, Inc., theparent company of IPWireless, Inc., on Friday, June 8. IPWireless,a San Francisco-based provider of 3G and 4G LTE wireless broadband network equipmentand solutions for public safety and military customers, has been renamedGeneral Dynamics Broadband.It willoperate as a subsidiary of General Dynamics C4 Systems, a business unit of GeneralDynamics. The value of the cash transaction has not been disclosed.
GeneralDynamics Broadband produces 3G and 4G Long Term Evolution (LTE) wirelessbroadband network components and user devices for end-to-end systems thatenable first responders and other mobile users to access lifesaving data and applicationsat very high speeds. Built on commercial networking standards, the company'sproducts improve first responders' effectiveness and safety by providing themwith greater access to information.
GeneralDynamics Broadband will continue working with its existing industry partnersand customers in meeting the communication systems needs of public safety usersnationwide.
'GeneralDynamics Broadband is now positioned to bring more innovation to the mostadvanced mobile broadband deployments in the government sector today,' saidChris Marzilli, president of General Dynamics C4 Systems. 'Building onour history as a trusted provider of military networks that deliver access tolifesaving data on the battlefield, General Dynamics Broadband's technologies allowus to expand our commercial networking solutions to better serve the needs ofour customers, includingmunicipalities who are moving to broadband public safety networks such as theFirstNet nationwide interoperable broadband network.'
Moreinformation on the new General Dynamics Broadband products and services isavailable at www.ipwireless.com.
Moreinformation about General Dynamics is available at www.generaldynamics.com.