Corning Acquires Software Designer iBwave
Wednesday, April 1, 2015
Source: Star Gazette
Corning, Inc. has acquired iBwave Solutions, Inc., a design software company based in Montreal, Canada, Corning announced Wednesday morning.
The terms of the acquisition agreement were not released.
iBwave is designs software for in-building wireless solutions for a wide range of customers and system integrators, according to Corning. Its software and professional services are used by more than 600 global leading telecom operators, system integrators, and equipment manufacturers in more than 80 countries worldwide, according to Corning.
iBwave will operate under its current name as a wholly owned subsidiary of Corning, reporting to Corning’s Optical Communications business segment. iBwave will continue to serve its customers from its Canadian headquarters under the same leadership.
“iBwave is a world leading resource for inside-building wireless design” Clark S. Kinlin, executive vice president, Corning Optical Communications said in a statement. “We are pleased to welcome this experienced team to Corning.”