KO Client Fastback Acquired by COMSovereign to Expand Telecom IP Portfolio
- KO Firm
- February 3, 2021
KO client Fastback Networks, a Boulder-based provider of innovative technology for mobile infrastructure, has been acquired by COMSovereign Holding Corp, a developer of 4G LTE advanced and 5G communication systems and solutions.
KO Partner John Gaddis, attorneys Melissa Mellen and Elizabeth Ho and administrative assistant Annie Klauck supported the Fastback team in the transaction.
Fastback’s solutions enable network operators to expand and enhance services, and private networks to secure, monitor, and manage operations via high-capacity data connectivity. The acquisition deal includes all operations, radio designs, customers, and intellectual property of Fastback. The acquisition is highlighted by a valuable intellectual property portfolio of sixty-five granted and six pending patents.
“We are pleased to have completed the Fastback transaction, expanding our installed base of tier one customers and bringing with it, broad and early patent coverage of many critical 5G enabling technologies,” Dr. Dustin McIntire, CTO of COMSovereign Holding Corp., said in a news release. “We intend to quickly integrate Fastback into our operations so we can capitalize on growing customer interest in 4G LTE Advanced, 5G, and IAB small cells with integrated access and backhaul utilizing this unique IP.”