COBALT advised Xilinx, Inc. upon acquisition of business from wireless backhaul solutions provider Modesat Communications

COBALT advised NASDAQ-listed Xilinx, Inc. upon acquisition of business of designing and selling point to point modem intellectual property solutions for microwave, upper millimeter wave and satellite radios from Estonian start-up company Modesat Communications, a high performance wireless backhaul solutions provider with industry leading capabilities and roadmap.

Original equipment manufacturers focusing on mobile backhaul platforms can now take advantage of Xilinx field programmable gate arrays and systems on chip combined with Modesat wireless backhaul solutions to gain market competitiveness and differentiation.

Xilinx is the world’s leading provider of All Programmable devices, systems on chip and three-dimensional integrated circuits with annual revenue of over 2 Billion US dollars. Xilinx was founded in 1984, and by now holds more than 2500 patents. Xilinx’s headquarters is located in San Jose, California.

COBALT team for this transaction was led by partners Martin Simovart, Marina Tolmatshova, and senior associate Heleri Tammiste.