Nomad Digital has acquired QinetiQ Rail
Nomad Digital has bought the commercial rail division QinetiQ a major defence and security technology company.
Nomad Digital, based in Newcastle, which provides and operates specialist mobility networks, exchanged 8.9% of its shares for the company.
This investment is supported by a trading agreement which gives Nomad access to QinetiQ’s leading edge security and operational applications that complement Nomad’s core communications services.
Also, QinetiQ will now use Nomad as a key channel partner for providing products and services to the rail industry.
Nigel Wallbridge, executive chairman of Nomad Digital, said: “This acquisition is part of Nomad’s high-growth strategy in the provision of mobile wireless services to the rail transportation sector, giving us further traction in this specialist market.
“The transportation sector is full of opportunities for a wide range of WiMAX broadband and narrowband mobile wireless services and it is largely under-served by conventional mobile network operators.
“The acquisition will strengthen our existing market leading technical capabilities, but more significantly, enhance our offering of value added on-train services, such as live CCTV, train operating system applications, more reliable train-to-shore communications and entertainment services for passengers.
“By retaining an interest in Nomad, QinetiQ has demonstrated its conviction that we have a strong business here.”
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