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Boingo Wireless to acquire Endeka
Feb 22, 2013 (Datamonitor Financial Deals Tracker via COMTEX) --
Boingo Wireless, Inc., a provider of software and services, has signed a merger agreement to acquire Endeka, a provider of commercial Wi-Fi, VoIP and IPTV services to military bases and federal law enforcement training facilities. Both the companies are based in the US.
Following the transaction, Endeka will operate as a wholly-owned subsidiary of Boingo Wireless.
Deal Type Acquisition
Sub-Category 100% Acquisition
Deal Status Announced: 2013-02-21
Deal Participants
Target (Company) Endeka
Acquirer (Company) Boingo Wireless, Inc.
Deal Rationale
The acquisition will allow Boingo Wireless to expand its service offering to military bases and federal training centers.
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