Telrad Acquires WaveIP Business Operations and WipAir Portfolio
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LOD, Israel (PRWEB)
May 04, 2021
Telrad Networks, a global provider of innovative wireless telecommunication solutions, has announced its acquisition of WaveIP's business operations as well as the company's WipAir product portfolio, including its Wi-Fi 6 technology. WaveIP is a leading point-to-point and point-to-multipoint broadband wireless solutions in the sub-11GHz spectrum.
The union of the two companies' business operations will augment Telrad's product portfolio with WaveIP's best-in-class broadband wireless technologies. In turn, Telrad will provide those same technologies with increased market reach and a broader customer base.
"This mutually advantageous acquisition enables Telrad to fully leverage the incredible suite of broadband wireless technologies that WaveIP has developed over the past twenty years. The leading-edge engineering and technological resources that WaveIP brings to the table will give Telrad a robust platform to continue delivering cost-effective solutions that are truly next generation," said Moti Elmaliach, CEO of the Telrad Group.