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Ceragon Closes Acquisition of End 2 End Technologies

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Ceragon (NASDAQ: CRNT) has completed the acquisition of End 2 End Technologies, a U.S. systems integration and software development company specializing in Private Networks for Energy and Utilities markets. The acquisition enhances Ceragon's capabilities in the telecommunications connectivity market by adding system integration capabilities and a network management software platform.

End 2 End Technologies brings expertise in radio frequency communications, both broadband and narrowband, along with industrial applications support. The acquisition is expected to be accretive to Non-GAAP Earnings by the second half of 2025. Roth Capital Partners and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo served as advisors to Ceragon, while Jahani and Associates advised End 2 End Technologies.

Ceragon (NASDAQ: CRNT) ha completato l'acquisizione di End 2 End Technologies, un'azienda statunitense di integrazione di sistemi e sviluppo software specializzata in Reti Private per i mercati dell'Energia e delle Utility. Questa acquisizione migliora le capacità di Ceragon nel mercato delle telecomunicazioni, aggiungendo competenze in integrazione di sistemi e una piattaforma software per la gestione delle reti.

End 2 End Technologies porta competenze nelle comunicazioni a radiofrequenza, sia a banda larga che a banda stretta, insieme al supporto per le applicazioni industriali. Si prevede che l'acquisizione contribuisca positivamente agli utili Non-GAAP nella seconda metà del 2025. Roth Capital Partners e Mintz, Levin, Cohn, Ferris, Glovsky e Popeo hanno svolto il ruolo di consulenti per Ceragon, mentre Jahani and Associates ha consigliato End 2 End Technologies.

Ceragon (NASDAQ: CRNT) ha completado la adquisición de End 2 End Technologies, una empresa estadounidense de integración de sistemas y desarrollo de software especializada en Redes Privadas para los mercados de Energía y Utilidades. La adquisición mejora las capacidades de Ceragon en el mercado de conectividad de telecomunicaciones al agregar capacidades de integración de sistemas y una plataforma de software para la gestión de redes.

End 2 End Technologies aporta experiencia en comunicaciones de radiofrecuencia, tanto de banda ancha como de banda estrecha, junto con soporte para aplicaciones industriales. Se espera que la adquisición aumente las ganancias No-GAAP en la segunda mitad de 2025. Roth Capital Partners y Mintz, Levin, Cohn, Ferris, Glovsky y Popeo actuaron como asesores para Ceragon, mientras que Jahani and Associates asesoró a End 2 End Technologies.

세라곤 (NASDAQ: CRNT)은 에너지 및 유틸리티 시장을 위한 프라이빗 네트워크에 특화된 미국의 시스템 통합 및 소프트웨어 개발 회사인 End 2 End Technologies의 인수를 완료했습니다. 이 인수는 Ceragon이 시스템 통합 능력과 네트워크 관리 소프트웨어 플랫폼을 추가하여 통신 연결성 시장에서의 역량을 강화합니다.

End 2 End Technologies는 광대역 및 협대역 라디오 주파수 통신에 대한 전문 지식과 함께 산업 응용 프로그램 지원을 제공합니다. 인수는 2025년 하반기 Non-GAAP 수익에 긍정적인 영향을 미칠 것으로 예상됩니다. 로스 캐피털 파트너스민츠, 레빈, 코언, 페리스, 글로브스키, 포페오가 Ceragon의 자문을 맡았고, 자하니 앤 어소시에이츠는 End 2 End Technologies를 자문했습니다.

Ceragon (NASDAQ: CRNT) a finalisé l'acquisition de End 2 End Technologies, une entreprise américaine spécialisée dans l'intégration de systèmes et le développement de logiciels pour les réseaux privés destinés aux marchés de l'énergie et des services publics. Cette acquisition renforce les capacités de Ceragon sur le marché de la connectivité des télécommunications en ajoutant des compétences en intégration de systèmes et une plateforme de gestion des réseaux.

End 2 End Technologies apporte une expertise dans les communications par radiofréquence, tant à large bande qu'à bande étroite, ainsi qu'un support pour les applications industrielles. Cette acquisition devrait avoir un effet positif sur les bénéfices Non-GAAP au cours de la seconde moitié de 2025. Roth Capital Partners et Mintz, Levin, Cohn, Ferris, Glovsky et Popeo ont servi de conseillers à Ceragon, tandis que Jahani and Associates a conseillé End 2 End Technologies.

Ceragon (NASDAQ: CRNT) hat die Übernahme von End 2 End Technologies abgeschlossen, einem US-amerikanischen Unternehmen für Systemintegration und Softwareentwicklung, das sich auf private Netzwerke für die Energie- und Versorgungsindustrie spezialisiert hat. Die Übernahme verbessert die Fähigkeiten von Ceragon auf dem Markt für Telekommunikationsverbindungen, indem sie Systemintegrationsfähigkeiten und eine Softwareplattform zur Netzwerkverwaltung hinzufügt.

End 2 End Technologies bringt Expertise in der Funkkommunikation, sowohl im Breitband- als auch im Schmalbandbereich, sowie Unterstützung für industrielle Anwendungen mit. Die Übernahme wird voraussichtlich ab der zweiten Hälfte des Jahres 2025 einen positiven Beitrag zu den Non-GAAP-Erträgen leisten. Roth Capital Partners und Mintz, Levin, Cohn, Ferris, Glovsky und Popeo fungierten als Berater für Ceragon, während Jahani and Associates End 2 End Technologies beriet.

Positive
  • Expected to be accretive to Non-GAAP Earnings by H2 2025
  • Expands presence in fast-growing telecommunications connectivity market
  • Adds system integration capabilities and network management software platform
  • Strengthens position in North American private networks sector
Negative
  • None.

Insights

This strategic acquisition marks a significant expansion of Ceragon's capabilities in the rapidly growing private networks sector, particularly targeting the lucrative Energy and Utilities markets in North America. The deal brings three critical advantages: specialized system integration expertise, proprietary network management software and established presence in key vertical markets.

The timing is particularly strategic as private networks are experiencing unprecedented growth, driven by Industry 4.0 initiatives and the increasing need for secure, reliable communications infrastructure in critical sectors. End 2 End's expertise in both broadband and narrowband RF communications perfectly complements Ceragon's wireless connectivity solutions, creating a more comprehensive offering for enterprise customers.

The expected earnings accretion by H2 2025 on a non-GAAP basis suggests careful integration planning and identified cost synergies. While specific terms weren't disclosed, the alignment with previous expectations indicates disciplined deal execution. The acquisition strengthens Ceragon's competitive position against larger telecommunications equipment providers by adding specialized vertical market expertise and software capabilities that typically command higher margins.

Looking ahead, this move could accelerate Ceragon's penetration of the North American market, where private network deployments are expected to grow substantially with the advancement of smart grid initiatives and industrial IoT applications. The addition of End 2 End's software platform also creates opportunities for recurring revenue streams, potentially improving the company's revenue mix and predictability.

Expands Private Networks Offerings in North America;

Expected to be Accretive to Non-GAAP Earnings Basis, by the Second Half of 2025

ROSH HA'AIN, Israel, Feb. 6, 2025 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), a leading solutions provider of end-to-end wireless connectivity, today announced that it has completed the acquisition of End 2 End Technologies, LLC, a U.S. systems integration and software development company that serves Private Networks, primarily in the Energy and Utilities markets.

End 2 End Technologies adds unique expertise in the Energy and Utilities markets, providing proficiency in radio frequency communications, both in broadband and narrowband, as well as its wide support of industrial applications.

Doron Arazi, Ceragon CEO, said "End 2 End Technologies enhances our capabilities in the fastest-growing portion of the telecommunications connectivity market, adding proven system integration capabilities and a unique network management software platform, making our solutions increasingly tailored to private network customers particularly in North America. We welcome the talented End 2 End team to Ceragon."

The terms of the acquisition are aligned with previously disclosed expectations.

Roth Capital Partners served as financial advisors to Ceragon for this transaction, and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. provided legal advisory services. Jahani and Associates served as financial advisor to End 2 End Technologies.

About Ceragon
Ceragon (NASDAQ: CRNT) is the global innovator and leading solutions provider of end-to-end wireless connectivity, specializing in transport, access, and AI-powered managed & professional services. Through our commitment to excellence, we empower customers to elevate operational efficiency and enrich the quality of experience for their end users.

Our customers include service providers, utilities, public safety organizations, government agencies, energy companies, and more, who rely on our wireless expertise and cutting-edge solutions for 5G & 4G broadband wireless connectivity, mission-critical services, and an array of applications that harness our ultra-high reliability and speed. Ceragon solutions are deployed by more than 600 service providers, as well as more than 1,600 private network owners, in more than 130 countries. Through our innovative, end-to-end solutions, covering hardware, software, and managed & professional services, we enable our customers to embrace the future of wireless technology with confidence, shaping the next generation of connectivity and service delivery. Ceragon delivers extremely reliable, fast to deploy, high-capacity wireless solutions for a wide range of communication network use cases, optimized to lower TCO through minimal use of spectrum, power, real estate, and labor resources - driving simple, quick, and cost-effective network modernization and positioning Ceragon as a leading solutions provider for the "connectivity everywhere" era.

For more information please visit: www.ceragon.com 

Ceragon Networks® and FibeAir® are registered trademarks of Ceragon Networks Ltd. in the United States and other countries. CERAGON® is a trademark of Ceragon, registered in various countries. Other names mentioned are owned by their respective holders.

About Jahani and Associates
Jahani and Associates is an independent, global investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations and financial sponsors. The firm has served hundreds of clients from its offices in New York City, Abu Dhabi, and Singapore. The firm is a global leader in cross border investment banking and serves the middle market. For additional information on Jahani and Associates, please visit the firm's website at jahaniandassociates.com.

Safe Harbor

This press release contains statements that constitute "forward-looking statements" within the meaning of the Securities Act of 1933, as amended and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations and assumptions of Ceragon's management about Ceragon's business, financial condition, results of operations, micro and macro market trends and other issues addressed or reflected therein. Examples of forward-looking statements include, but are not limited to, statements regarding: projections of demand, revenues, net income, gross margin, capital expenditures and liquidity, competitive pressures, order timing, supply chain and shipping, components availability, growth prospects, product development, financial resources, cost savings and other financial and market matters. You may identify these and other forward-looking statements by the use of words such as "may", "plans", "anticipates", "believes", "estimates", "targets", "expects", "intends", "potential" or the negative of such terms, or other comparable terminology, although not all forward-looking statements contain these identifying words.

Although we believe that the projections reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations therefrom will not be material. Such forward-looking statements involve known and unknown risks and uncertainties that may cause Ceragon's future results or performance to differ materially from those anticipated, expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: the risk that the transaction may not be completed in a timely manner or at all, which may adversely affect the companies' businesses and the price of Ceragon's traded securities; uncertainties as to the timing of the consummation of the transaction and the potential failure to satisfy the conditions to the consummation of the transaction; delays, disruptions or increased costs in the integration of End 2 End Technologies' business with Ceragon; unanticipated restructuring costs may be incurred or undisclosed liabilities assumed; attempts to retain key personnel, customers, and vendors may not succeed; risks related to diverting management's attention from Ceragon's ongoing business operations; exposure to inflation, currency rate and interest rate fluctuations and risks associated with doing business locally and internationally, as well as fluctuations in the market price of Ceragon's traded securities; the effects of the evolving nature of the war situation in Israel and the related evolving regional conflicts; the impact of general economic conditions on the on Ceragon's and End 2 End Technologies' business; ongoing or potential litigations or disputes, incidental to the conduct of End 2 End Technologies' ongoing business, with customers, suppliers, landlords, or other third parties; potential adverse reactions or changes to business relationships resulting from the announcement or completion of the transaction; potential negative changes in general economic conditions in the regions or the industries in which Ceragon and End 2 End Technologies operate; and such other risks, uncertainties and other factors that could affect our results of operation, as further detailed in Ceragon's most recent Annual Report on Form 20-F, as published on March 21, 2024, as well as other documents that may be subsequently filed by Ceragon from time to time with the Securities and Exchange Commission.

We caution you not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Ceragon does not assume any obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release unless required by law.

While we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, about which we cannot be certain. In addition, any forward-looking statements represent Ceragon's views only as of the date of this press release and should not be relied upon as representing its views as of any subsequent date. Ceragon does not assume any obligation to update any forward-looking statements unless required by law.

Ceragon's public filings are available on the Securities and Exchange Commission's website at www.sec.gov and may also be obtained from Ceragon's website at www.ceragon.com.

Cision View original content:https://www.prnewswire.com/news-releases/ceragon-closes-acquisition-of-end-2-end-technologies-302370848.html

SOURCE End 2 End Technologies

FAQ

When will Ceragon's (CRNT) acquisition of End 2 End Technologies be accretive to earnings?

The acquisition is expected to be accretive to Non-GAAP Earnings by the second half of 2025.

What markets does End 2 End Technologies serve for Ceragon (CRNT)?

End 2 End Technologies primarily serves Private Networks in the Energy and Utilities markets.

What capabilities does the End 2 End Technologies acquisition add to Ceragon (CRNT)?

The acquisition adds system integration capabilities, a network management software platform, and expertise in radio frequency communications (both broadband and narrowband).

Who were the financial advisors for Ceragon's (CRNT) acquisition of End 2 End Technologies?

Roth Capital Partners served as financial advisors to Ceragon, while Jahani and Associates advised End 2 End Technologies.
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