Codan Limited has acquired 100% of the shares in US-based company, Domo Tactical Communications, from a private equity company. DTC is a commercially-off-the-shelf technology provider of high bandwidth wireless communications with capabilities in MIMO Mesh networks and next generation software-defined radios that stream data across its networks.
Donald McGurk, chief executive officer of Codan, said “The acquisition of DTC is consistent with Codan’s well-publicized strategic growth plan for our Tactical Communications business. This is focused on providing total voice, data and video communications solutions by transitioning from a traditional voice-only platform.”
Juan Navarro, chief executive officer of DTC, added “Codan is a perfect fit for DTC given our shared dedication to meeting our customers’ mission critical communications needs. DTC’s product portfolio is complementary to Codan’s Tactical Communications solutions across the markets we jointly serve. We believe that there is excellent cultural alignment, and DTC looks forward to working with Codan to effect a seamless integration into the Codan group.”