Valmont And Ericsson Announce The Acquisition Of Concealfab To Accelerate Growth And Innovation In Global Telecom Market
Valmont And Ericsson Announce The Acquisition Of Concealfab To Accelerate Growth And Innovation In Global Telecom Market
04/27/22, 1:01 PM
Location
omaha
kistaIndustry
agriculture and farming
financial services
natural resources
information technology
telecommunications
mobile
Valmont Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced that it has signed a definitive agreement to acquire a majority interest in Colorado-based ConcealFab, an industry leader in 5G infrastructure and passive intermodulation (PIM) mitigation solutions. Ericsson, a global leader in 5G technology, will reinvest their ConcealFab equity and hold a minority position in the new company.
Company Info
Location
Omaha, Nebraska, United States
Company info
Valmont is here to modernize vital infrastructure and increase agricultural productivity, sustainably and reliably. We galvanize steel to last a century with minimal environmental impact. We modernize irrigation to feed a growing population by utilizing the latest technology. We harden the electrical grid to enable the delivery of reliable power to millions of homes around the world. And we help make communities everywhere safer, cleaner and more connected through our smart infrastructure technology.
Location
Kista, Stockholms län, Sweden
Company info
Ericsson enables communications service providers to capture the full value of connectivity. The company’s portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world.