Orolia's latest acquisition builds on ultra-precise tech solutions
Orolia has acquired another company to expand its capabilities and bring in new customers.
Orolia is acquiring Seven Solutions for an undisclosed amount. Both companies are players in the field of resilient positioning, navigation and timing.
Their customers can be found in the defense, aerospace, telecommunications, financial services, smart grids and other critical infrastructure industries. These customers have applications that are dependent on ultra-precise, resilient timing and frequency technology.
By adding Seven Solutions, Orolia is picking up the so-called White Rabbit sub-nanosecond time transfer and synchronization technology.
White Rabbit, named for the character in Lewis Carroll’s Alice in Wonderland, was developed at the CERN super collider to achieve sub-nanosecond accuracy in Ethernet-based networks.
In the case, of Seven Solutions, the technology allows it to deliver highly accurate timing solutions to its customers.
“Orolia and Seven Solutions under one umbrella will combine our world-leading technologies to draw a new frontier in network timing to sub-nanosecond levels, delivering the most robust and accurate Resilient PNT solutions for our customers,” said Orolia CEO Jean-Yves Courtois. “Seven Solutions’ long history of delivering cutting-edge time distribution solutions to sectors like telecommunications, smart grids, aerospace, defense and scientific facilities aligns perfectly with Orolia’s DNA.”
Seven Solutions is headquartered in Granada, Spain. The Spanish government is expected to approve the transaction by the end of this year.
Posted by Nick Wakeman on Oct 25, 2021 at 1:41 PM