Concealfab solves the pernicious PIM problem that stymies 5G
Ericsson is to stake more money on American 5G infrastructure creative ConcealFab and become a minority stakeholder in the new company. Infrastructure specialist Valmont Industries has signed a definitive agreement to acquire a majority interest in Colorado-based ConcealFab, which makes 5G infrastructure and passive intermodulation (PIM) mitigation systems.
PIMs? No thank you
PIM is a pernicious and destructive problem for network operators and presents itself as a set of unwanted signals created by mixing two or more strong Radio Frequency signals. Mixing generally produces the sum and difference frequencies of the two transmit signals.
Founded in 2007 ConcealFab works with wireless operators, utilities and major equipment makers. Valmont is best known for infrastructure building and agricultural productivity systems. It describes its telecom strategy as a pursuit of three objectives: providing vital end-to-end infrastructure products, spreading inclusive connectivity by investing in strategic partnerships and expanding its manufacturing footprint globally. The joint acquisition with Ericsson brings this strategy to life, it said. ConcealFab can now grab more of the concealment, PIM-solving and RF markets, according to Valmont’s group president of infrastructure, Aaron Schapper.
ConcealFab bridges gaps
“As an early innovator in 5G and small cell infrastructure, ConcealFab has been bridging the gap between an evolving technology and market needs for 15 years,” said ConcealFab CEO Jonathan Fitzhugh. “This combination with Valmont’s global manufacturing footprint and Ericsson presents an accelerated path for further growth and expansion.”
The transaction will be funded with cash on hand, and is expected to be immediately accretive to earnings, with Year-1 revenue of approximately $50 million. The transaction is expected to close in the second quarter of 2022 and is subject to customary closing conditions.
Founded in 2007 ConcealFab works with wireless operators, utilities and major equipment makers.