Exclusive financial advisor to UHP Networks
KPMG Corporate Finance acted as exclusive financial adviser to UHP Networks in its sale to Comtech Telecommunications
A global team of KPMG Corporate Finance professionals from KPMG Corporate Finance LLC in the U.S. and KPMG Deal Advisory in Russia (collectively “KPMG”) are pleased to announce the sale of UHP Networks Inc. (UHP Networks or the Company) to Comtech Telecommunications Corp. (Comtech).
UHP Networks is a leading global provider of advanced satellite networking solutions used in the rapidly growing very small aperture terminal (VSAT) market. The Company’s revolutionary award-winning software-defined satellite communications technology is implemented across its VSAT hubs, terminals, and network management systems. With customers including telecom operators, broadcasters, remote location broadband providers, enterprises, and government agencies, UHP Networks’ technology and products are used in over 300 networks in more than 50 countries.
Fred Kornberg, chairman of the Board and CEO of Comtech, said, “The acquisition of UHP fits perfectly with our strategy of offering the most robust and advanced wireless communications solutions for our global customers. We are delighted to acquire UHP and expect use of its incredible technology to expand globally for many years to come.”
Comtech, a global leader in the advanced secure wireless communications market, designs, produces and markets secure wireless solutions to more than 1,000 customers in more than 100 countries.
KPMG Corporate Finance LLC
The global Corporate Finance practice of KPMG International’s network of independent member firms was ranked #1 as the top M&A mid-market adviser globally by Refinitiv, based on number of completed transactions, for the past 20 years.
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