Orolia Signs an Agreement to Acquire Seven Solutions and Advances Its Positioning, Navigation and Timing Products and Technology
Orolia, the world leader in Resilient Positioning, Navigation and Timing solutions, announced today that it has entered into a definitive agreement to acquire Seven Solutions, a global innovator in White Rabbit sub-nanosecond time transfer and synchronization technology. This transaction is subject to customary closing conditions and approvals required by the Spanish government and is expected to close before the end of the year.
"Orolia and Seven Solutions under one umbrella will combine our world-leading technologies to draw a new frontier in network timing to sub-nanosecond levels, delivering the most robust and accurate Resilient PNT solutions for our customers," said Orolia CEO Jean-Yves Courtois.
"We believe the union of our companies will produce the future of time transfer and frequency distribution solutions in terms of accuracy, reliability and interoperability," said Rafael Rodriguez, Chief Technology Officer and co-founder of Seven Solutions.
Orolia and Seven Solutions are members of the Open PNT Industry Alliance. The international organization focuses on market concepts that strengthen economic and national security by supporting government efforts to implement Resilient PNT capabilities for critical infrastructure.
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