InnerWireless, PanGo announce merger

Wireless network-management company InnerWireless Inc. announced it will merge with PanGo Networks Inc., which offers various location-services technologies. The companies explained that the move will create the industry’s “only fully integrated wireless and location-services company.”
“Through this merger, InnerWireless now has the technology, solutions and people to provide its customers with fully integrated and fully assured wireless and location services,” said Ed Cantwell, InnerWireless president, CEO and chairman. “The combined company is unmatched in terms of talent, experience and a commitment to provide customers the value they desire from their wireless infrastructure and application investments.”
Terms of the deal were not disclosed, though PanGo’s investor group joined InnerWireless’ existing investors in follow-on funding in conjunction with the deal.