Smart Mobile Labs started as a spin-off of the telecommunications company Nokia and specializes in video transmission over the mobile network. Video technology company is on a mission to revolutionize real-time content delivery. Its technology offers diverse applications for sports and entertainment events, public safety, and the automotive industry.
After more than ten years in business, the Munich-based founders are now selling to Boldyn Networks. The UK-based company is strengthening its position as a leading provider of private mobile networks. With this strategic acquisition, Boldyn is expanding its technical expertise for key sectors, tailored use cases, and the development of its Private 5G as a Service-offer.
Smart Mobile Labs brings important contacts to leading German mobile network operators and technology providers, further strengthening Boldyn's market position. The Munich-based company also expands Boldyn's capabilities with its patented live video streaming software solution, EVO (Edge Video Orchestrator).
Justin Berger, Group Chief Strategy Officer at Boldyn Networks, commented:
"Germany is a very attractive market for private mobile networks. By bringing Smart Mobile Labs' expertise to Boldyn, we can expand our existing private mobile network expertise to support customers seeking a partner of choice across a wider area of Europe."
Klaus Nagora, CEO and founder of Smart Mobile Labs, says:
"It's extremely motivating for both us and our customers to join Boldyn Networks on its global growth path. We'll be able to scale our private mobile networks and our EVO offerings not only in Germany, but worldwide, now with the support of a neutral host portfolio manager and a global team of experts. We share Boldyn's focus on developing bold solutions that meet our customers' needs. It's in our DNA to always be one step ahead of those needs."
And finally, Rüdiger Hnyk, COO of the Munich-based company:
"Smart Mobile Labs and Boldyn will together become one of the most important players for private 5G offerings in Europe. We will now be able to offer the most experienced and practical references for specialized market solutions. From remote-controlled trains and container handling solutions for logistics warehouses, to autonomous driving and valet parking, to security applications such as 5G drone patrols and video surveillance solutions for airports, our combined capabilities will be well-suited to successfully meet the growing needs of a wide range of industries."
