/PRNewswire/ COMSovereign Holding Corp. (NASDAQ: COMS) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G Communication.
COMSovereign Reports First Quarter 2021 Financial Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
By Ross Wilkers
Apr 14, 2021
ComSovereign has entered into yet another agreement for an acquisition to further build out its portfolio of wireless broadband technology amid the broader ongoing 5G network transformation.
This transaction announced Wednesday will see ComSovereign purchase signal processing system maker Innovation Digital for $8 million in cash, debt and stock. The cash and debt portion totals $1.6 million with the remaining $6.4 million consisting of restricted common stock.
Innovation Digital’s founder Dr. Scott Velazquez will transition to ComSovereign as chief research officer and is credited as a pioneer and expert in signal processing technology that mixes analog and digital techniques.
COMSovereign Expands Senior Leadership Team with the Appointment of Bud Patterson as Chief Operating Officer
- Patterson Brings Over 30 Years of Operational and Engineering Experience in Wireless Communications to the Company as it Ramps Up Product Manufacturing and Delivery -
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DALLAS, March 8, 2021 /PRNewswire/ COMSovereign Holding Corp. (NASDAQ: COMS) ( COMSovereign or Company ), a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions, today announced at it had expanded its leadership team with the appointment of Bud Patterson as Chief Operating Officer.
Introduction to the COMSovereign Leadership Team