GXC has announced the sale of its Photonics Division to ORCA Computing, allowing it to refocus on its core private cellular network solutions while enhancing ORCA's technology capabilities.
Target Information
GXC, a prominent provider of private cellular network solutions based in Austin, Texas, has announced the divestiture of its Photonics Division to ORCA Computing. This strategic agreement not only involves the transfer of GXC's photonics-related assets, including intellectual property and technology, but also sees GXC's Photonics Division staff joining ORCA Computing. Details regarding the terms of the deal have not been disclosed.
As a recognized leader in private cellular technology for various industries, GXC has made significant strides in developing solutions tailored for enterprises, enhancing connectivity in logistics, agriculture, manufacturing, and industrial sectors across North America. Their innovative Onyx platform delivers comprehensive private cellular systems that enable organizations to maintain robust coverage and secure their critical data.
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Industry Overview
The market for private cellular networks in the United States has been rapidly evolving, driven by increasing demand for reliable and secure communication solutions. Enterprises have begun to recognize the importance of dedicated private networks that offer enhanced coverage
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ORCA Computing
invested in
GXC Photonics Division
in 2024
in a Other deal