Global Leader in Professional Mobile Radio Solutions Sees Further
Opportunity to Grow in TETRA, DMR and LTE
Hytera Communications Corporation Limited (002583.SZ), the leading
global provider of innovative professional mobile radio (PMR)
communications solutions that improve organizational efficiency and make
the world safer, announced that as of 24 May 2017 it has completed its
acquisition of the Sepura Group PLC, based in Cambridge, United Kingdom,
the leading provider in TETRA products and solutions for organizations
worldwide.
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"The PMR communications industry is seeing rapid evolution, and Hytera
leads in incorporating new technologies and attractive features that
deliver more effective solutions for our customers," said Mr. Qingzhou
Chen, founder, chairman and president of Shenzhen, Guangdong-based
Hytera. "Adding the Sepura Group complements our strengths in
technological innovation, especially in TETRA, along with adding
sophisticated engineering talent and an experienced operating team, and
enhances our channel partnerships around the world."
Sepura is a market leader in 20 countries and has end-customers in more
than 100 countries, and has the second-largest market share in public
security in Europe. Hytera's acquisition of Sepura adds approximately
700 professionals and staff to Hytera's organization.
"Hytera has been investing strategically in Europe," said Mr. Chen. "In
2011, Hytera acquired what is now Hytera Mobilfunk GmbH in Germany,
growing it into a significant PMR provider in Europe and one of our most
important research centers. By adding Sepura, Hytera now has two more
innovation centers, in the United Kingdom and Spain. With enhanced
capabilities, we can better serve local markets and help to address
increasing security challenges in Europe," added Mr. Chen.
Established in 1993 in Shenzhen, China, Hytera Communications is the
world's fastest-growing PMR solution provider, and the world's #1 DMR
Tier III Trunking provider. Its more than 7,000 employees serve
organizations in more than 120 countries, including in government, the
public security sector, the utilities, transportation, and oil and gas
industries, and a range of other businesses.
In 2016, both Hytera and Sepura provided PMR solutions for event
management and public safety at the 2016 Olympic Games in Brazil. Next
year, Hytera will provide similar PMR communications solutions for
security and event management for the 2018 World Cup in Russia.
"Joining with Hytera gives us access to a broader cross-section of the
market, gives our dealers the advantage of a wider range of products and
solutions, and provides growth opportunities for our engineers and
research and development technicians," said David Barrass, the interim
Chief Executive Officer of Sepura. "With its growing momentum in the PMR
space and some very high-profile opportunities, Hytera is executing a
clear strategy as it expands globally. It's a terrific opportunity."
Last year, Hytera reported year-over-year growth of 39%. In 2016,
Hytera's overall sales of terminals were up 52%, and its overall sales
of infrastructure increased 86%.
The announcement of the Sepura deal's closing comes in the wake of
Hytera's highly anticipated debut at Critical Communications World 2017
in Hong Kong of its new LTE-PMR Convergence Solution, which comprises
cutting-edge Multi-mode Advanced Radio terminals, narrowband-broadband
infrastructure, and management software. Hytera's LTE-PMR Convergence
Solution incorporates feature-rich broadband technologies while ensuring
that critically important voice services remain reliably accessible
using narrowband technologies such as TETRA, DMR, and PDT.
Hytera Chairman Qingzhou Chen will visit Sepura's offices in the U.K.
and Spain in June to deepen relationships with key management and to
meet personnel. "Hytera has tremendous momentum in the marketplace," he
notes. "Last year, we became the second-largest PMR communications
provider in the world, and we believe there remain excellent prospects
for growth in key markets."
About Hytera
Hytera Communications Corporation Limited is the leading global provider
of innovative professional mobile radio (PMR) communications solutions
that improve organizational efficiency and make the world safer.
Established in 1993 in Shenzhen, China, Hytera Communications is the
second-largest PMR provider in the world, the world's fastest-growing
PMR solution provider, and the world's #1 DMR Tier III Trunking
provider. Hytera's more than 7,000 personnel serve customers in 120
countries and regions, including government organizations, public
security institutions, and customers in utilities, transportation,
oil-and-gas, and other sectors. Fully 40% of Hytera's personnel are
engaged in engineering, research and development, and product design. In
2011, Hytera became a publicly-listed company in China, trading on the
Shenzhen Stock Exchange (002583.SZ); by the end of 2016, Hytera's market
capitalization had grown 500% since going public. More information is at www.hytera.com.
About the Sepura Group
Founded in 2002 and serving customers in more than 100 countries, the
Sepura Group has become a market leader in the design, manufacture, and
supply of digital radio products, systems, and applications for business
and mission-critical communications. The Sepura Group's portfolio
includes TETRA, DMR, P25, and LTE system solutions for public safety
organizations and commercial customers in transportation, utilities, oil
and gas, manufacturing, mining, hospitality and construction. The Sepura
Group includes Spanish PMR provider Teltronic S.A.U., and Finnish
applications developer Portalify. More information is at www.sepura.com.
About Teltronic
Teltronic S.A.U. has more than 40 years of experience in the design,
manufacturing, and implementation of turnkey TETRA, P25, and LTE digital
and analog land mobile radio communications solutions worldwide, for
customers in the transportation, public safety, utilities, and
industrial sectors. Teltronic's portfolio includes end-user applications
and systems for integrated command-and-control centers and custom
surveillance. With more than 300 network references in 50 countries,
Teltronic is dedicated to provide complete radio network
infrastructures, control centers, and end-user equipment, including
specialized onboard systems. For information is at www.teltronic.es.
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