The cellular network algorithm company which spun off from the Mobile Communications Group of the Vienna University of Technology in Austria, is sold ten years after being founded.
Symena, a cellular network algorithm company which spun off from the Vienna University of Technology, has been sold to Aircom International, a network planning company, for an undisclosed sum.
Symena was founded in 2002. It was a spin-off from the Mobile Communications Group of the Vienna University of Technology in Austria. Its work started in the mid-1990s.
Aircom is a portfolio company of private equity firm HIG Europe.
