PCTEL, a leader in Performance Critical Telecom solutions, announced that it had acquired the assets of Nexgen Wireless, a Schaumburg, Illinois-based company providing a network analysis tool portfolio, and engineering services, in a deal worth $20.5 million.
Nexgen’s software product portfolio translates real-time network performance data into engineering actions that optimize operator performance. The company also provides performance engineering, specialized staffing, and trend analysis for carriers, infrastructure vendors, and neutral hosts, covering products and services in 2G, 3G, 4G, and LTE networks.
Integrating the Meridian product portfolio and Nexgen’s extensive engineering services into PCTEL establishes a national engineering services operation and permits us to deliver greater value to our traditional customers. We will add real-time engineering data and analysis to our product offer and direct more of our efforts into crowd-based, cloud-based data that facilitates the design of complex in-building and small cell networks. We are delighted to have John Thakkar, Nexgen’s founder and CEO, join PCTEL’s executive team. Together, we will take PCTEL to the next level.
John Thakkar, PCTEL’s newly appointed Vice President, Network Analytics
When we founded Nexgen, our longer term goal was to expand our capabilities through strategic relationships. The opportunity to integrate our products and services with PCTEL’s IBflex™, small cell antennas, and engineering services will result in innovative approaches to improving the performance of small cell and in-building networks. My goal, as part of the PCTEL team, is to establish a meaningful subscription-based operation that will allow carriers to take full advantage of rich network data,” added Thakkar.
