Boingo to Acquire Endeka, Expand to Military Bases and Federal Training Centers
Company Provides Wireless Broadband and IPTV Services for Troops, Officers, Staff, Trainees, and Concessions
Boingo Wireless (Nasdaq:WIFI), the Wi-Fi industry’s leading provider of software and services worldwide, today announced that it has signed a merger agreement to acquire Endeka, a provider of Wi-Fi, VoIP and IPTV services to military bases and federal law enforcement training facilities. Terms of the deal were not disclosed.
“Endeka’s military specialization focuses on large populations of enlisted men and women who are Internet-hungry users and are clamoring for high-quality broadband,” said David Hagan, President and CEO of Boingo Wireless. “Their portfolio of venues and management team are natural additions to our managed network business.”
“Boingo’s experience and resources will help us scale to meet the opportunity ahead of us,” said Tim Rout, President and founder of Endeka. “Extending the value of our broadband subscription services with global Wi-Fi roaming capabilities will further differentiate our offering to military bases and federal law enforcement centers. The combined services will contribute significantly to morale and welfare of the troops, wherever they are.”
Endeka (http://endekagroup.com/) will operate as a wholly owned subsidiary of Boingo Wireless, Inc