Comsovereign enters 5g mobile edge computing cloud market with acquisition of saguna network ltd

Dallas, may 18, 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 that it is acquiring saguna network ltd ("saguna"), the premier multi-access edge computing ("mec") cloud software developer, significantly expanding its software technology offerings powering 5g wireless networks. saguna, based in yokneam, israel, is the software developer behind the award-winning saguna edge cloud which transforms communication networks into powerful cloud-computing infrastructures for applications and services including augmented and virtual reality, iot, edge analytics, high-definition video, connected cars, autonomous drones and more.
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