Memotec Inc.
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Memotec Inc. - overview
Established
1977
Location
Montreal, QC, Canada
Primary Industry
Telecoms
About
Memotec Inc. specializes in providing advanced network optimization solutions, enhancing data transmission efficiency for diverse sectors including military, public safety, and enterprise. Founded in 1977 in Montreal, Canada, Memotec Inc. focuses on innovative WAN optimization strategies.
The company has undergone strategic pivots to enhance its operational capabilities, leading to its acquisition by Miralta Capital, with financial terms undisclosed. Memotec Inc. offers advanced RAN/WAN optimization solutions aimed at improving quality of experience (QoE) through effective data management. Their product line includes the FX5020e, FX1010e, and FX1005ev WAN Optimization devices, which utilize optimization, compression, bonding, and traffic balancing to enhance data transfer rates.
Additionally, the NetPerformer Satellite Routers, such as SDM-9140 and SDM-9120, function as data routers, multiplexers, and voice gateways, catering to military, public safety, and enterprise clients across North America, Europe, and Asia-Pacific. Memotec Inc. generates revenue through direct sales and partnerships, focusing on both hardware and software solutions. Their WAN Optimization products, including the FX series, are supplied under direct contracts, ensuring a clear pricing structure tailored to client needs.
Ongoing revenue is secured through contracts with clients dependent on reliable network performance, particularly in latency-sensitive environments. Memotec Inc. is poised for future growth, leveraging its recent acquisition by Miralta Capital to explore new product launches and market expansions. The company plans to introduce innovative solutions targeted for release in the coming fiscal year, while also aiming to penetrate emerging markets in Asia and Europe by 2025.
The funding from the acquisition will support these initiatives, enhancing product development and market reach.
Current Investors
Miralta Capital
Primary Industry
Telecoms
Sub Industries
Telecoms Equipment
Website
www.memotec.com
Total Amount Raised
Subscriber access only
Memotec 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Memotec Inc. | - | ||||||||
| Buyout | Completed | Memotec Inc. | - | ||||||||
| Unspecified Exit | Completed | Memotec Inc. | - |
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