Alantra advises NimbeLink on sale to Airgain, Inc.

Jan 2021

Sell-side advisory

Boston – Alantra, a leading global investment bank and asset management firm, is pleased to announce that NimbeLink has been sold to Airgain, Inc. (NASDAQ:AIRG), a leading provider of advanced antenna technologies used to enable high performance wireless networking across a broad range of devices and markets, including consumer, enterprise, and automotive.

Based in Plymouth, MN, NimbeLink designs and develops cellular IoT and patented asset tracking solutions. The company’s Skywire® cellular modem eliminates RF design and certification complexity for OEMs, significantly reducing project costs and time to market. NimbeLink leveraged its expertise in cellular modem technology to build a world-class asset tracking solution, providing IoT application specialists in the supply chain, logistics, remote condition monitoring, and fleet management sectors with a dynamic subscription software platform for device management. The acquisition of NimbeLink will help Airgain, Inc. continue its mission to be a leading provider of device and system-level IoT solutions across all “smart industries.”