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Cgates acquires part of Splius business

PRIVATEMar 18, 2026

Acquiring Company

Cgates

Acquired Company

Splius

VilniusLithuaniaHardwareInternetSatellite CommunicationVoipWirelessHardwareSatellite Communication

Description

Cgates has successfully acquired part of Splius after receiving approval from the national competition regulator. The acquisition, which cost over EUR 13 million, involves a newly-established subsidiary of Splius being merged with Cgates. This transaction will expand broadband and smart TV services to eleven municipalities in North and West Lithuania.

Company Information

Company

Cgates

Location

Vilnius, Vilnius County, Lithuania

About

Cgates is a leading telecommunications operator in Lithuania, offering a range of services such as internet, television, and smart home solutions. The company is focused on delivering high-quality services and expanding its network. Cgates aims to enhance digital connectivity across the region.

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Frequently asked

Who acquired Splius?

Splius was acquired by Cgates, based in Vilnius. The deal was reported on March 18, 2026. Cgates is a leading telecommunications operator in Lithuania, offering a range of services such as internet, television, and smart home solutions. Cgates is privately held and operates in Hardware.

When did Cgates acquire Splius?

Cgates's acquisition of Splius was reported on March 18, 2026. Cgates has successfully acquired part of Splius after receiving approval from the national competition regulator. The acquisition, which cost over EUR 13 million, involves a newly-established subsidiary of Splius being merged with Cgates. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Splius do?

Splius is a regional telecommunications operator in Lithuania providing internet and television services. It has been known for its commitment to quality and customer satisfaction. The company operates in various municipalities across Lithuania. It is privately held, operating in Hardware, and is based in Lithuania.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.