Ceragon's Strategic Acquisition: Enhancing Private Networks Offerings and Market Share

Ceragon Networks Ltd. (NASDAQ: CRNT), a leading provider of end-to-end wireless connectivity solutions, has recently completed the acquisition of End 2 End Technologies, LLC, a U.S.-based systems integration and software development company specializing in private networks, particularly in the Energy and Utilities markets. This strategic move is expected to expand Ceragon's private networks offerings in North America and accelerate its market share growth in this fast-growing segment.

End 2 End Technologies brings a wealth of expertise to Ceragon, including proficiency in radio frequency communications, both in broadband and narrowband, as well as wide support for industrial applications. The acquisition also adds proven system integration capabilities and a unique network management software platform, primarily sold in the energy space, to Ceragon's portfolio. This combination is expected to make Ceragon's solutions increasingly tailored to private network customers, particularly in North America.

Ceragon's CEO, Doron Arazi, expressed his enthusiasm about the acquisition, stating, "The acquisition of End 2 End Technologies is expected to accelerate the execution of our strategy, increase our market share in private networks in North America, and enhance our capabilities in the fastest-growing portion of the telecommunications connectivity market." End 2 End Technologies' co-founder and CEO, Greg Crow, also shared his excitement about the combination, highlighting the strong fit between the two companies' growth and development aspirations.

The terms of the acquisition align with previously disclosed expectations, with Roth Capital Partners serving as financial advisors to Ceragon and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. providing legal advisory services. Jahani and Associates served as financial advisors to End 2 End Technologies.

Ceragon expects the acquisition to generate $15-19 million in incremental 2025 revenue and to be accretive to non-GAAP earnings by the second half of 2025. This strategic move is expected to accelerate Ceragon's private networks business, particularly in the Energy and Utilities markets, and contribute to the company's growth and profitability.

Ceragon's acquisition of End 2 End Technologies is a strategic step towards expanding its private networks offerings and increasing its market share in North America, particularly in the Energy and Utilities markets. By leveraging End 2 End Technologies' unique expertise and capabilities, Ceragon is well-positioned to capitalize on the growing demand for private networks and drive revenue growth. As the company continues to execute its strategy, investors can expect Ceragon to deliver strong performance and create value for shareholders.