Airangel has completed their latest acquisitions, Belgium-based companies Captive.net and FDXTENDED.
Captive.net is a leading cloud-managed wireless solution provider that works exclusively with channel partners throughout Europe and the Middle East.
Captive.net is well-known for delivering guest WiFi solutions to some of the world's best-known and global hospitality brands. FDXTENDED is a supplier of complimentary wireless products, namely a traditional on-premises Internet gateway solution.
These latest acquisitions bring Airangel’s count to their 5th since 2010, with this latest funded via investment earlier this year; funds sought to aid the company’s international growth.
Post-completion, Airangel will continue to invest in the Captive.net and FDX platforms and will expand existing channel relationships. The future goal is to see Captive.net become the leading solutions provider for distributors and reseller partners who actively target the enterprise hospitality market and large public venues.
Many of the Captive.net current distributors and partners resell the solution under a white-label agreement to some of the world’s best-known hospitality brands.
Dean Wilkinson, CEO, says: “We’re very happy with the acquisition. Captive and FDX have great reputations in the industry and are a perfect complement for Airangel. Over the last couple of years, we have been shifting our attention to the Channel and international growth.
"We believe this latest move highlights our dedication of working with partners to deliver first-class wireless solutions, with the best possible guest experience, to the biggest hospitality brands all over the world.”