Codan Limited Set to Acquire DTC: A Strategic Move in Tactical Communications
codan Limited has revealed plans to purchase 100% of the shares of DTC, a U.S.-based firm, from a private equity group. This acquisition is anticipated to finalize by April 30, 2021, pending the usual regulatory approvals associated with such transactions.
DTC: A Key Player in Government Communications
DTC has established itself as a reliable supplier for over 20 important U.S.government agencies, including members of the “Five Eyes” intelligence alliance, which encompasses Military, Special Forces, Border Control, First Responders, and broadcasters.
Strategic Growth in Tactical Communications
Donald McGurk, Codan’s CEO, emphasized that “acquiring DTC aligns perfectly with our strategic growth objectives for the Tactical communications sector. Our focus is on delivering comprehensive voice, data, and video interaction solutions, moving beyond traditional voice-only systems.”
Innovative Technology from DTC
Based in the U.S. with additional offices in the UK and Denmark, DTC specializes in commercially available technology that offers high-bandwidth wireless communications.Their expertise includes MIMO Mesh networks and advanced software-defined radios, which facilitate data transmission across self-forming and self-healing networks.
Shared Vision for Customer Needs
Juan Navarro, CEO of DTC, remarked, “Codan is an ideal partner for DTC, as we both prioritize fulfilling our customers’ critical communication requirements. our product offerings complement Codan’s tactical Communications solutions in the markets we serve together. We are excited about the cultural synergy and look forward to a smooth integration into the Codan family.”
Enhancing Market Reach and Engineering Capabilities
Paul Sangster, Codan’s President for Tactical Communications, stated, “The acquisition of DTC is a significant strategic move for us, enhancing our existing tactical communications capabilities.By merging DTC’s and Codan’s sales and marketing teams, we will unlock new geographic markets. In the long run, our combined engineering expertise will enable us to deliver innovative communication solutions to a wide-ranging global clientele, spanning military, security, and broadcasting sectors.”