Icomera to Acquire Moovera Networks

(Business News & Technology News, 25 Jul 2008)

Icomera AB has agreed to acquire UK-based Moovera Networks, a manufacturer of fixed and mobile communications systems. The merger is expected to strengthen Icomera's in-vehicle, industrial-grade Internet access technology—encompassing trains, buses, coaches, trucks and ferries—with a global customer base including many of the world's largest transport operators.

"The market for Internet connectivity on public transport is developing at a very rapid pace," says Ola Sjolin, CEO, Icomera. "Whether for Wi-Fi hotspots, CCTV monitoring, vehicle tracking or streaming entertainment, real-time connections to buses and trains are increasingly in demand. Moovera has acquired a strong reputation in the industry as a developer of innovative yet price competitive technology and has established an impressive customer base that in many instances overlaps with our own. It was a natural progression for Icomera and Moovera to combine forces to offer a complete range of solutions from low-cost bus products to high-end systems certified for the railway industry. Moving forward we will continue to build on Icomera's position as the dominant force in on-board vehicle communications."

Icomera currently offers high-reliability, backhaul-agnostic communications gateways supporting concurrent satellite, cellular and trackside networks in a single in-vehicle system that—using patented technology—automatically switches to use the best wide area network without session interruption. With the acquisition of Moovera Networks, Icomera will add Moovera's multi-radio Moovbox product family to create the most advanced portfolio of fixed and mobile broadband gateways on the market. In addition to vehicular applications, Moovbox gateways have been used increasingly for public safety and outdoor municipal wireless applications, and by cellular network operators seeking to expand into Wi-Fi hotspot services.

Following the acquisition, Icomera will adopt the Moovbox brand for its new combined product line and leverage Moovera's worldwide network of Channel Partners who sell and support Moovbox systems in their regional markets. Moovera's Kent-based operations and its nine employees will become Icomera's UK office, bringing the total workforce in Sweden and the UK to over forty people. Moovera CEO Jim Baker will take up the post of Chief Marketing Officer at Icomera.

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