Aviat Networks, the leading expert in wireless transport solutions, and Redline Communications Group, a leading provider in mission-critical data infrastructure, announced the completion of the acquisition of Redline, which now enables Aviat to offer its customers an integrated end-to-end offering for wireless access and transport.
The Arrangement reinforces Aviat's stated strategy of expanding their market leadership and share of wallet in mission-critical and industrial Private Networks, by leveraging Aviat's sales channel to address the $8 billion Private LTE/5G addressable market, as well as Oil & Gas, and Transportation verticals.
Aviat will include Redline in its FY23 guidance which will be provided in the next earnings call. Redline was not part of Aviat during FY22 and will not be included in Aviat's forthcoming FY22 Q4 results. For clarity, Aviat would like to reaffirm its previous FY22 guidance of $296-$300 million in revenue and $37-$39 million in Adjusted EBITDA.
Peter Smith, CEO of Aviat Networks
We are very pleased to close this transaction so that we will now be able to offer our customers a complete solution, including Private LTE/5G. Redline's leading portfolio of industrial wireless access solutions will enable Aviat to expand our offering and addressable market globally.
