|News Update|| |
Orolia signs an agreement to acquire Seven Solutions
Orolia has announced today that it has entered into a definitive agreement to acquire Seven Solutions, a global innovator in White Rabbit sub-nanosecond time transfer and synchronization technology. This transaction is subject to customary closing conditions and approvals required by the Spanish government and is expected to close before the end of the year.
The merger with the tech company based in Granada, Spain will enhance Orolia’s portfolio for defense, aerospace, data centers, telecom, financial services, smart grids and other critical infrastructure industries, and will enable the next generation applications dependent on ultra-precise, resilient timing and frequency technology.
Orolia and Seven Solutions will integrate global sales, marketing, product development and operations. Orolia presents an unparalleled full-scale and modular approach to Resilient PNT, which includes atomic clocks with a combination of GNSS signals protected with interference detection and mitigation technology, together with low Earth orbit secure alternative signals. The addition of Seven Solutions’ products will deliver terrestrial sub-nanosecond time distribution from distant and potentially redundant locations.