AceAxis Acquires Wireless Technology Laboratories

29thJuly 2011

AceAxis Acquires Wireless Technology Laboratories

AceAxis Ltd, the world leading innovator in Remote Radio Head technology, has today (29th July) acquired Wireless Technology Laboratories Ltd (WTL) the Harlow based wireless R&D centre formerly owned by Nortel Networks. A transaction value of £1.8 million is being reported for the acquisition from Ace Technology Corporation.

The 30 WTL engineers who transfer to AceAxis have many years of expertise in key wireless technologies including Power Amplifiers, Remote Radio Heads, advanced BTS antennas and WiFi networks. AceAxis plans to expand the Harlow centre with a focus on Remote Radio Head, Adaptive Antenna Systems and small cell technologies.

Simon Mellor, CEO of AcAxis Ltd, said, “We have been working very closely with WTL since May of 2010 and have already seen the benefits of the association in product development timescales and IP in the pipeline. The acquisition allows us to focus the engineers on technologies that will be the driving force in the expansion of 4G systems while simultaneously providing synergies in overheads and operational systems.

Background Information

Nortel acquired the Harlow laboratories, originally Standard Telecommunications Laboratories, in 1991 and continued to use the site for research and development in wireless telecommunication technologies. The Korean based Ace Technology Corporation acquired WTL in March 2010 from the administrators of Nortel Networks UK Ltd. Ace Technology Corporation (along with holding company Ace and Partners) purchased Axis Network Technology Ltd now renamed AceAxis Ltd in May 2010.

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Contact details: AceAxis Ltd

Simon Mellor, CEO

Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Phone: +44 1296 768207

Web: www.aceaxis.co.uk


About AceAxis Ltd

AceAxis is a leading vendor of platform based, software defined Remote Radio and compact BTS products to globally based OEMs. Its products are used in the deployment of wireless broadband