Sivers IMA signs 5G millimeter wave agreement with an estimated value of SEK480m
KISTA, Sweden, 5 August, 2020 - Sivers IMA Holding AB (Nasdaq First North Growth Market: SIVE) today announced that the company has signed a combined development and supply agreement with a Global high-tech company listed on New York Stock Exchange (NYSE). The parties will jointly offer a 5G millimeter wave (mmWave) solution based on Sivers IMA’s coming next generation 5G mmWave technology that will be available in large volumes from 2023. During the first three years from commercial deployment Sivers IMA estimates a total value of the deal of approximately SEK 480 million.“This agreement