Actelis Networks (NASDAQ:ASNS) announced on March 24, 2026 that it had signed a binding term sheet to acquire all shares of Israel-based Exaware Ltd. in an all-stock transaction, marking a planned entry into the rapidly growing market for AI-driven data center networking.
The proposed deal would combine Actelis’ secure edge networking and hybrid fiber capabilities with Exaware’s high-performance routing and switching platforms. The companies said the combination aims to create a unified, cyber-hardened networking architecture covering edge, aggregation and data center environments.
Under the preliminary terms, the post-transaction ownership structure is expected to value approximately 40% of the combined company to Actelis and about 60% to Exaware. At closing, 19.9% of Actelis’ outstanding common shares will be issued, with the remaining consideration delivered in non-voting preferred shares that may convert later, subject to Nasdaq and regulatory requirements.
The transaction is currently targeted to close by May 7, 2026. Completion remains subject to the signing of definitive agreements, as well as board and regulatory approvals. The agreement also includes a 60-day no-shop clause and a breakup fee.
If completed, the acquisition would position Actelis to compete more directly in the modernization of network infrastructure designed to support artificial intelligence workloads.
More about Actelis Networks
Actelis Networks, Inc. is a Nasdaq-listed provider of hybrid fiber networking and cyber-hardened connectivity solutions designed for rapid deployment in wide-area IoT and broadband environments. Its technology enables fiber-like performance over hybrid fiber-copper networks for customers including government agencies, intelligent transportation systems, military organizations, utilities, rail operators, telecommunications providers and campus networks. The company’s platforms also incorporate AI-based cyber monitoring designed to protect edge-connected devices.