Airspan Networks has announced an agreement to acquire Jabil's Open RAN radio portfolio.

The planned deal will also include associated intellectual property rights (IPR), Jabil’s former radio research and development team, along with subleasing the office and advanced testing labs in New Jersey.

According to Airspan, the acquisition "expands Airspan’s capability in high power macro radio development."

Financial terms were not disclosed by Airspan.

The company said the deal will cover a range of single, dual, and triple-band macro radios, designed to support global operators across multiple spectrum bands.

"Airspan is investing in advanced radio development because we see a dynamic and growing market,” said Glenn Laxdal, CEO of Airspan Networks. 

“This acquisition strengthens our ability to develop market-leading wireless network solutions and reinforces our position as a trusted US supplier.”

The acquisition is the second announced by the company in the last couple of weeks, following an agreement to acquire Corning's wireless business.

That particular deal will see Airspan snap up Corning's 6000 and 6200 distributed antenna systems and its SpiderCloud 4G and 5G small-cell RAN products.

To date, Airspan claims to have shipped more than one million radios globally to more than 1,000 customers.

The company filed for Chapter 11 protection in April, returning to a private business.

Airspan noted at the time that it plans to trade its more than $205 million in funded debt for equity and raise up to $95 million in new equity financing.

Florida-based Airspan was originally a product division of DSC Communications but broke away in the late 1990s.

Jabil is a US manufacturing company involved in the design, engineering, and manufacturing of electronic circuit board assemblies and systems. It launched a number of Open RAN radio units in 2022.