M&A Deal Summary

Telrad Networks Acquires WaveIP - Business Operations & WipAir Portfolio

On May 4, 2021, Telrad Networks acquired communications company WaveIP - Business Operations & WipAir Portfolio from WaveIP

Acquisition Highlights
  • This is Telrad Networks’ 1st transaction in the Communications sector.
  • This is Telrad Networks’ 1st transaction in the United States.
  • This is Telrad Networks’ 1st transaction in Florida.

M&A Deal Summary

Date 2021-05-04
Target WaveIP - Business Operations & WipAir Portfolio
Sector Communications
Buyer(s) Telrad Networks
Sellers(s) WaveIP
Deal Type Divestiture

Target

WaveIP - Business Operations & WipAir Portfolio

Davie, Florida, United States
WaveIP's Business Operations & WipAir Portfolio provides broadband wireless solutions.

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Buyer(S) 1

Buyer

Telrad Networks

Lod, Israel

Category Company
Founded 1951
Sector Communications
Employees300
DESCRIPTION

Telrad is a telecom equipment and services organization, founded in 1951. The company provides products in the areas of IP NGN, gateways, optical, metro, enterprise, wireless, and switching.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

WaveIP

Davie, Florida, United States

Category Company
Founded 2000
Sector Technology Hardware
DESCRIPTION

WaveIP is a provider of Point-to-Point and Point-to-Multipoint Broadband Wireless solutions in the sub-11 spectrum. WaveIP solutions offer highest-capacity throughput, embedded IP networking capabilities, software configurable functionality and Fiber-Class performance. WaveIP was founded in 2000 and is based in Davie, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1