iBwave Solutions Inc.
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iBwave Solutions Inc. - overview
Established
2003
Location
Montreal, QC, Canada
Primary Industry
Telecoms
About
iBwave Solutions Inc. provides advanced design and deployment solutions for in-building wireless networks, enabling telecommunications, public safety, and enterprise sectors to enhance connectivity and network performance. Founded in 2003 in Montreal, Canada, iBwave Solutions Inc. specializes in designing wireless networks, leveraging cloud capabilities and digital twin technology.
The company was involved in a significant acquisition in April 2015, when Corning Inc acquired iBwave. The founder's history and background in previous ventures are not detailed. iBwave focuses on advanced solutions for in-building wireless networks, offering products such as iBwave Design, iBwave Unity, and iBwave Viewer+. These tools facilitate efficient surveying, design, and management of wireless networks.
iBwave serves a diverse client base, including over 3,000 customers across 100 countries, helping telecommunications companies, OEMs, system integrators, and enterprises deploy tailored wireless networks. iBwave generates revenue through software licensing, subscription services, and client partnerships. Clients can choose various subscription tiers for products like iBwave Design and iBwave Unity, which include ongoing support and updates. The firm primarily operates on a B2B model, selling directly to telecommunications companies, enterprises, and system integrators, ensuring bespoke solutions for wireless network deployment.
iBwave Solutions Inc. aims to continue its expansion by developing new products and improving existing solutions. The latest funding from the acquisition by Corning Inc. will support these initiatives, although specific details on new product releases or expansion into new markets are not disclosed.
The firm is focused on enhancing its offerings to meet market demands effectively.
Primary Industry
Telecoms
Sub Industries
Internet, Telecoms Providers & Services
Website
www.ibwave.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
iBwave Solutions Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | iBwave Solutions Inc. | - | ||||||||
| Growth | Completed | iBwave Solutions Inc. | - |
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