AlexB
1
Rakuten acquires Altiostar at $1B+ valuation
Altiostar a leader in the virtualized and open radio access network Open RAN market was acquired by Rakuten for $1 Billion.
- Japan’s Rakuten, already a stakeholder, takes total ownership of vRAN specialist Altiostar
- Acquisition values Altiostar at more than $1 billion
- Altiostar already a key technology supplier to Rakuten Mobile
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I think it’s long pending decision, executed today.
Only company I know from last year who were investing in 4G Open RAN was Altiostar.