IWT Acquires L-3 Mining Business
Innovative Wireless Technologies, Inc. (IWT) announced today that IWT has acquired L-3 National Security Solutions, Inc.’s (L-3 NSS) wireless mesh mining communications business, effective immediately. As part of the agreement IWT acquired the primary assets of L-3 NSS’s mining business: the Accolade Wireless Mesh Communications System and all its current and in-development products. IWT will provide operational support for all mines where the ACCOLADE system is deployed.
“We are very excited to have reached this agreement with L-3 NSS to acquire their mining business“ said Eric Hansen, President and CEO of IWT. “As the wireless mesh technology provider to L-3 NSS in the development and support of the ACCOLADE system we have been actively involved in the mining market for several years. We look forward to working more directly with the mining customers and are ready and able to support and build on the excellent reputation the system has attained.”