Eden Rock Communications, an 8-year-old Bothell maker of wireless network technologies, has agreed to be acquired by Nokia Networks. Terms of the deal — expected to close in the third quarter — were not disclosed.
Eden Rock’s technology, protected by 26 patents and 70 pending patents, boosts network performance and efficiency across GSM, LTE and UMTS networks. As part of the deal, Eden Rock said it will spin off a new company with its patents and spectrum sharing technologies, including systems that allow LTE networks to co-exist alongside the same spectrum in government communications systems, radar systems and external mobile networks. More details on that company will be released at a later date, the companies said. Nokia will not hold an ownership stake in the new company.
“A massive appetite exists among operators for a proven SON (Self-Organizing Networks) solution with disruptive technologies, open framework and carrier-class capabilities,” said Eden Rock CEO Charles Immendorf in a statement. “Via this acquisition, Nokia Networks brings complementary SON functionality, a renowned reputation for wireless excellence and an ascending market presence to Eden-NET. We welcome the opportunity to work with Nokia and together aim to establish an insurmountable lead within the global SON space.”
Immendorf is a former AT&T executive. As a result of the deal, Eden Rock’s employees will move to Nokia Networks in Seattle.