Siklu Communications

Wireless Fiber for Urban and Rural Areas

Industrial Technologies
Acquired (Inactive) by Ceragon Networks on Oct 2023 - closed due to acquisition

Company Overview

Snapshot

Founded in January 2007 by Izik Kirshenbaum, Yossi Kofman, Yigal Leiba, Elad Dayan, and Baruch Schwartz, Siklu Communications operates with 51–200 employees. The company has raised $49M across 4 funding rounds from 10 investors. In October 2023, Siklu Communications was acquired by Ceragon Networks.

Business overview

Siklu Communications provides multi-gigabit wireless fiber connectivity solutions for urban, suburban, and rural environments. Their core technology operates in the mmWave bands, enabling service providers and system integrators to deliver 5G wireless access services. The company's solutions are also utilized in smart city initiatives for applications such as video security, Wi-Fi backhaul, and municipal network connectivity, serving markets that require high-capacity, interference-free performance within the Industrial Technologies sector.

Strategic signal

In October 2023, Ceragon Networks acquired Siklu Communications, a strategic move that significantly expands Ceragon's presence in private networks and with small service providers, particularly in North America. This acquisition signals a consolidation within the wireless backhaul and 5G infrastructure market, indicating Ceragon's intent to enhance its portfolio and market reach by integrating Siklu's millimeter wave technology and customer base.

Company Intelligence Q&A

What was a significant corporate development for Siklu Communications in October 2023?
In October 2023, Siklu Communications was acquired by Ceragon Networks. This acquisition was aimed at expanding Ceragon's presence in private networks and with small service providers in North America.
When did Siklu Communications appoint a new CEO?
Siklu Communications appointed Ronen Ben-Hamou as its new CEO in July 2019, with a focus on leading the company's initiatives in 5G mmWave applications.
What partnership did Siklu Communications announce in January 2022?
In January 2022, Siklu Communications announced an agreement with Signify to integrate gigabit-speed wireless connectivity into lighting infrastructure, specifically for smart streetlights.
What product family did Siklu Communications announce in November 2019?
In November 2019, Siklu Communications announced the Terragraph product family, designed to boost wireless gigabit connectivity.
What was the outcome of the high-throughput trials for 5G backhaul networks involving Siklu?
In September 2019, Siklu and BATS Wireless completed high-throughput trials for 5G backhaul networks, demonstrating advancements in wireless communication capabilities.

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