Global ICT consultancy Tech Mahindra paid $240m (£153m) to buy network services and engineering firm Lightbridge Communications Corporation.
Tech Mahindra bought Lightbridge Communications Corporation (LCC), which has offices in Staines, to support its networking development and deployment capabilities.
LCC has implemented numerous WiMAX, EV-DO and UMTS projects in the UK, and has supported major network builds for mobile network Three and infrastructure and broadcast transmission specialist Crown Castle – the local operation of which now forms part of UK telecoms firm Arqiva.
Virginia-based LCC has built over 350 networks and designed 350,000 cell sites for over 400 customers worldwide.
Tech Mahindra said the acquisition would help it support the growing pace of network upgrades among its own telecoms and enterprise customers.
It said that, with the growth of internet protocol-based and virtualised networks, and the increasing importance of software-defined networking (SDN) over the coming months and years, LCC’s engineering expertise would complement its own software specialities, and widen the breadth of its offerings.
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Size and reach increase performance
Tech Mahindra managing director and CEO CP Gurnani said: “We will now be the largest and most comprehensive provider of technology services to communications services providers.”
“Having Tech Mahindra’s breadth of services to provide advanced managed network services, coupled with its size and scale, will help us increase the performance of our customers’ ever-evolving networks,” said LCC CEO Kenneth Young.
Last week Tech Mahindra signed an agreement with Milton Keynes Council and the Open University to support the research and development (R&D) of smart city networks to help manage aspects of daily life, such as residents’ parking, waste collection and recycling.
Milton Keynes Council hopes smart city technology could create as many as 10,000 jobs in the city over the next five years.