Powerwave Technologies

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Powerwave Technologies, Inc.
Former type Public (NASDAQPWAV)
Industry Telecommunications
Founded 1985
Defunct 2013
Headquarters Santa Ana, California, USA
Area served Worldwide
Key people Ronald J. Buschur, CEO
Products Hardware, software and services to telecommunications service providers
Revenue Increase US$ 591.5 million (2010)
Employees 2100 (2010)
Website Powerwave.com

Powerwave Technologies, Inc. was a global telecommunications corporation, with solutions designed to amplify coverage, capacity and data speed in wireless communications networks.[1] Its products supported wireless services worldwide by providing wireless infrastructure such as antennas, base station and coverage systems, covering all major frequency bands and air interfaces to support customers’ existing wireless networks as well as efforts to deploy next-generation 4G WiMAX and LTE systems.

Powerwave Technologies filed for Chapter 11 bankruptcy on 28 January 2013.[2] Powerwave ceased operations by extending the bankruptcy to Chapter 7 on 10 June 2013.[3]

Customers[edit]

Powerwave's technology can be found in major wireless networks. Customers include wireless OEMs and wireless carriers. Its in-building and outdoor distributed antenna systems are used in hundreds of public safety and commercial deployments worldwide, including skyscrapers, subways, airports and sports arenas.

Acquisitions[edit]

Originally operating under the name Milcom International, Inc., the company initially sold radio frequency (RF) power amplifiers for use in analog wireless networks. However, over the past 25 years, Powerwave expanded its business through many acquisitions. In 1999, Powerwave acquired Hewlett-Packard’s RF amplifier business, which was focused on the design and manufacturing of RF amplifiers for cellular, PCS and wireless local loop systems. This acquisition expanded the firm's portfolio in key single carrier markets, such as GSM and TDMA. In 2001, the firm acquired Toracomm Ltd., a UK-based engineering research and development company providing a broad range of RF, digital signal processing (DSP), system design and simulation expertise for 2G, 2.5G and 3G applications. In 2003, the firm acquired Ericsson Amplifier Technologies, Inc., which was focused on multi-carrier power amplifiers. In 2004, the firm acquired LGP Allgon, a global provider of wireless infrastructure equipment and coverage solutions, in order to offer a broader range of products for use in wireless networks worldwide.[4]

In 2005, Powerwave also acquired Kaval Wireless, an Ontario-based company that supplies in-building wireless coverage. This extended the firm's product breadth and market reach in the coverage solutions marketplace with emphasis on the public safety and government markets. Also in 2005, it acquired certain assets of REMEC, Inc.’s Wireless Systems business, including its RF conditioning products, filters, tower mounted amplifiers and RF power amplifiers.[5] It acquired specific product lines from Filtronic’s Wireless Infrastructure division in 2006 to include transmit/receive filters, integrated remote radio heads and power amplifier products, all for use in commercial wireless infrastructure base station equipment.

Organization[edit]

Office Locations[edit]

Powerwave had office locations in 15 countries. The company’s Worldwide Headquarters was in Santa Ana, CA 92705

Company Leadership[edit]

Since February 2005, Powerwave’s President and Chief Executive Officer has been Ronald J. Buschur. [6]

Bankruptcy and Recent Events[edit]

Powerwave Technologies filed for bankruptcy on January 28, 2013.[7] As a result of bankruptcy proceedings Powerwave closed down operations in May 2013 and is no longer operational.[3]

External links[edit]

References[edit]

  1. ^ Powerwave Technologies Inc. http://topics.nytimes.com/topics/news/business/companies/powerwave-technologies-inc/index.html, NYTimes.com.
  2. ^ Brickley, Peg (28 January 2013). "PowerWave Technologies Files for Chapter 11". Wall Street Journal. Dow Jones & Company. Retrieved 28 January 2013. "Wireless-equipment maker PowerWave Technologies Inc. filed for Chapter 11 bankruptcy protection Monday, with a $150 million issue of convertible debt topping its list of unpaid, unsecured bills." 
  3. ^ a b http://www.totaltele.com/view.aspx?ID=481718
  4. ^ Company History. http://www.powerwave.com/companyinformation.asp, Powerwave Technologies. Retrieved December 4, 2009.
  5. ^ Powerwave Technologies to Acquire Selected Wireless Assets of REMEC, Inc. http://www.globenewswire.com/newsroom/news.html?d=74364, GlobeNewswire. March 14, 2005.
  6. ^ Powerwave names new CEO. http://losangeles.bizjournals.com/losangeles/stories/2005/02/07/daily63.html. Los Angeles Business from bizjournals. February 11, 2005.
  7. ^ http://www.bloomberg.com/news/2013-01-28/powerwave-technologies-files-for-bankruptcy-in-delaware.html