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| homepage = http://www.dragonwaveinc.com
| homepage = http://www.dragonwaveinc.com
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}}'''DragonWave''' is a [[multinational corporation]] headquartered in Ottawa, Ontario and a global supplier of packet microwave radio systems for mobile and access [[Internet Protocol|IP networks]].
}}

'''DragonWave''' is a [[multinational corporation]] headquartered in Ottawa, Ontario and a global supplier of packet microwave radio systems for mobile and access [[Internet Protocol|IP networks]]. Its [[Carrier grade|carrier-grade]], [[Point-to-point (telecommunications)|point-to-point]] packet microwave systems are designed and engineered to support the ongoing expansion of wireless network [[backhaul (telecommunications)|backhaul]]. Additional solutions include [[leased line]] replacement, [[last mile]] fiber extension and enterprise networks.

DragonWave is a member of the [[Metro Ethernet Forum]] (MEF) <ref>[http://metroethernetforum.org/members.php "Metro Ethernet Forum Member List"], ''Metro Ethernet Forum''</ref> and the [[Small cell|Small Cell]] Forum.<ref>[http://www.smallcellforum.org/membership-member-listing "Small Cell Forum Member List"], "Small Cell Forum"</ref> The company’s common shares are traded on the [[Toronto Stock Exchange]] under the trading symbol DWI and on [[NASDAQ]] under the symbol DRWI. DragonWave operates on a fiscal calendar that runs from February to March annually.


== History ==
== History ==


Incorporated in February 2000,<ref>{{cite web|url=http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=DWI:CN |title=Dragonwave Inc (DWI:Toronto) |publisher=Bloomberg Businessweek |accessdate=08/12/13}}</ref> DragonWave introduced AirPair, its first wireless broadband product in 2002 and announced Storm Internet Services<ref>{{cite web|url=http://www.obj.ca/Other/Archives/2007-03-07/article-2282027/DragonWave-Inc.-through-the-ages/1 |title=DragonWave Through the Ages |publisher=Ottowa Business Journal |accessdate=Nov 11, 2013}}</ref> as its first customer, enabling 100 Mbit/s wireless connectivity in and around Ottawa, Ontario.
Incorporated in February 2000,<ref>{{cite web|url=http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=DWI:CN |title=Dragonwave Inc (DWI:Toronto) |publisher=Bloomberg Businessweek |accessdate=08/12/13}}</ref> DragonWave introduced AirPair, its first wireless broadband product in 2002 and announced Storm Internet Services<ref>{{cite web|url=http://www.obj.ca/Other/Archives/2007-03-07/article-2282027/DragonWave-Inc.-through-the-ages/1 |title=DragonWave Through the Ages |publisher=Ottowa Business Journal |accessdate=Nov 11, 2013}}</ref> as its first customer.

In 2007, the company began to expand its international footprint with the opening of offices in the [[United Kingdom]] (UK).<ref>{{cite web |url=http://www.hoovers.com/company-information/cs/company-profile.DragonWave_Inc.4593550da716ec31.html |title=DragonWave Inc. Company Information |publisher=Hoovers |accessdate=08/07/13}}</ref> That same year also saw the launch of its all-outdoor Horizon Compact<ref>{{cite web|url=http://www.tmcnet.com/wifirevolution/articles/5881-dragonwaves-inexpensive-horizon-compact-wireless-carrier-ethernet-system.htm|title=DragonWave's Inexpensive Horizon Compact Wireless Carrier Ethernet System|publisher=TMCnet |accessdate=Sep 18, 2013}}</ref> microwave radio with transport speeds of 800Mbit/s, as well as the AirPair Unite,<ref>{{cite web|url=http://www.convergedigest.com/2007/09/dragonwave-airpair-unite-converges.html |title=DragonWave's Airpair Unite Converges Ethernet TDM |publisher=Converge Digest |accessdate=01/21/14}}</ref> capable of handling both [[Ethernet]] and [[Time-division multiplexing|TDM]] traffic across a single wireless IP stream. DragonWave was also first listed on the Toronto Stock Exchange in 2007.<ref>{{cite web|url=http://www.telecompaper.com/news/dragonwave-to-list-on-aim-market-toronto-stock-exchange--557037 |publisher=Telecompaper |title=DragonWave to list on AIM market, Toronto Stock Exchange |accessdate=1/21/18, 2013}}</ref>
For the 2009 fiscal year, when the company was first listed on the NASDAQ exchange,<ref>{{cite web |title=DragonWave Commences Trading on NASDAQ |url=http://247wallst.com/telecom-wireless/2009/10/15/dragonwave-debuts-in-u-s-listing-drwi-clwr/ |title=DragonWave Debuts In U.S. Listing |publisher=24/7 Wall St. |date=Oct 15, 2009 |accessdate=Sep 19, 2013}}</ref> and the fiscal year 2010, DragonWave experienced its fastest revenue growth to-date, with per annum revenue increases of $43.3 million USD and $171.1 million USD<ref>{{cite web|url=http://files.shareholder.com/downloads/ABEA-3DIC8B/2611322864x0x372686/DD3F5264-2A60-4E70-8B86-C99E8F7144F5/DRWI_Q4_2010_Earnings_Presentation.pdf |title=Fourth Quarter and Fiscal 2010 Financial Results |publisher=DragonWave|accessdate=09/19/13}}</ref> respectively over the preceding years. In 2011 DragonWave introduced two products, the Avenue<ref>{{cite web|url=http://www.rethink-wireless.com/2011/10/28/dragonwave-strikes-cell-backhaul.htm |title=Dragonwave strikes early in small cell backhaul |publisher=Rethink Wireless|accessdate=09/19/13}}</ref> and Horizon Compact+.<ref>{{cite web|url=http://www.ebmag.com/Products/Voice-Data-Video-etc/dragonwave-introduces-new-horizon-compact.html |title=DragonWave introduces new Horizon Compact+ |publisher=Electrical Business |accessdate=09/19/13}}</ref> The company also announced key new customers FiberTower,<ref>{{cite web|url=http://dark-fiber.tmcnet.com/topics/dark-fiber/articles/159390-fibertower-selects-dragonwave-solutions.htm |title=FiberTower Selects DragonWave Solutions |publisher=TMCnet.com |accessdate=09/19/13}}</ref> [[TELUS]],<ref>{{cite web|url=http://www.lightreading.com/document.asp?doc_id=688144 |title=Telus Picks Dragonwave |publisher=Light Reading |accessdate=09/19/13}}</ref> Northeast Wireless,<ref>{{cite web|url=http://www.telecomengine.com/article/dragonwave-brings-wireless-network-service-rural-us-markets |title=DragonWave brings wireless network service to rural U.S. markets |publisher=TelecomEngine |accessdate=2013-09-19}}</ref> and KeyOn Communications,<ref>{{cite web|url=http://www.mobilitytechzone.com/topics/4g-wirelessevolution/articles/157643-dragonwave-enables-backhaul-connectivity-keyon-communications-4g-network.htm |title=DragonWave Enables Backhaul Connectivity for KeyOn Communications' 4G Network |publisher=Mobility TechZone |accessdate=09/19/13}}</ref> among others.

In 2012, DragonWave acquired [[Nokia Siemens Networks]]' microwave transport business, rebranding the NSN Flexipacket products as the DragonWave Harmony family.<ref>{{cite web|url=http://www.aglmediagroup.com/dragonwave-rebrands-recently-acquired-nsn-product-line/|title=DragonWave Rebrands Recently Acquired NSN Product Line |publisher=AGL Magazine |accessdate=01/21/14}}</ref> Per that transaction, DragonWave also became a preferred supplier to Nokia Siemens Networks and continues to provide the Flexipacket products to the company.<ref>{{cite web|url=http://connectedplanetonline.com/3g4g/news/DragonWave-to-purchase-NSN-microwave-transport-unit-1104/ |title=DragonWave to purchase NSN microwave transport unit |publisher=Connected Planet |accessdate=09/19/13}}</ref> In addition to adding greater frequency coverage with the introduction of its Horizon S-Series and E-Series<ref>{{cite web|url=http://finance.yahoo.com/news/dragonwave-strengthens-horizon-portfolio-expanded-120100606.html |title=ADragonWave Strengthens Horizon Portfolio With Expanded Frequency Coverage |publisher=Yahoo Finance |accessdate=9/19/13}}</ref> radios, DragonWave also achieved an industry first<ref>{{cite web|url=http://agl-mag.com/dragonwave-first-to-market-with-higher-capacity-qam-radios-2/ |title=DragonWave First to Market with Higher-capacity QAM Radios |publisher=AGL Magazine |accessdate=09/19/13}}</ref> by offering 2048 [[QAM]] on its Horizon products, a large advancement over the industry standard 256 QAM systems commonly used. Anticipating a rapidly growing need for wireless backhaul driven by expanded use of mobile devices and [[smartphone]]s,<ref>{{cite web|url=http://www.abiresearch.com/research/product/1004832-mobile-network-backhaul/ |title=Mobile Network Backhaul |publisher=ABI Research |accessdate=09/19/13}}</ref> DragonWave's product portfolio addresses all available wireless frequencies, in both the licensed and unlicensed spectrum.

==Backhaul product markets==
DragonWave designs and builds Ethernet microwave solutions to support existing and emerging backhaul requirements employing three key technologies: packet microwave, hybrid microwave and small cell solutions.

=== Packet and hybrid microwave ===
Packet microwave and packet-hybrid microwave have emerged as the major cell site backhaul technology and offer a viable alternative to the time-consuming and costly task of wiring buildings and base stations to a fiber backbone in a network.<ref name="layer123">{{cite web|url=http://www.layer123.com/index.php?page=microwave-2012-article1 |title=Packet Microwave: The transition from TDM/Ethernet |publisher=Layer 123 |accessdate=09/18/13}}</ref>
According to Infonetics Research, by 2015 the global microwave equipment sector’s revenue is expected to be $4 billion USD.<ref name="layer123" /> A primary source of the microwave market's rapid transition is the increasing dominance of Ethernet Microwave solutions. Richard Webb, directing analyst - microwave and small cells for Infonetics Research said, “the key long-term trend in Microwave is the shift from TDM-only equipment (PDH/SDH) to Ethernet-capable gear."<ref name="layer123" />


In 2007, the company opened offices in the [[United Kingdom]] (UK).<ref>{{cite web |url=http://www.hoovers.com/company-information/cs/company-profile.DragonWave_Inc.4593550da716ec31.html |title=DragonWave Inc. Company Information |publisher=Hoovers |accessdate=08/07/13}}</ref> That same year also saw the launch of its all-outdoor Horizon Compact<ref>{{cite web|url=http://www.tmcnet.com/wifirevolution/articles/5881-dragonwaves-inexpensive-horizon-compact-wireless-carrier-ethernet-system.htm|title=DragonWave's Inexpensive Horizon Compact Wireless Carrier Ethernet System|publisher=TMCnet |accessdate=Sep 18, 2013}}</ref> microwave radio with transport speeds of 800Mbit/s, as well as the AirPair Unite,<ref>{{cite web|url=http://www.convergedigest.com/2007/09/dragonwave-airpair-unite-converges.html |title=DragonWave's Airpair Unite Converges Ethernet TDM |publisher=Converge Digest |accessdate=01/21/14}}</ref> capable of handling both [[Ethernet]] and [[Time-division multiplexing|TDM]] traffic across a single wireless IP stream. DragonWave was also first listed on the Toronto Stock Exchange in 2007.<ref>{{cite web|url=http://www.telecompaper.com/news/dragonwave-to-list-on-aim-market-toronto-stock-exchange--557037 |publisher=Telecompaper |title=DragonWave to list on AIM market, Toronto Stock Exchange |accessdate=1/21/18, 2013}}</ref>
Michael Howard, principal analyst and co-founder of Infonetics Research said the analyst firm
For the 2009 fiscal year, when the company was first listed on the NASDAQ exchange,<ref>{{cite web |title=DragonWave Commences Trading on NASDAQ |url=http://247wallst.com/telecom-wireless/2009/10/15/dragonwave-debuts-in-u-s-listing-drwi-clwr/ |title=DragonWave Debuts In U.S. Listing |publisher=24/7 Wall St. |date=Oct 15, 2009 |accessdate=Sep 19, 2013}}</ref> In 2011 DragonWave introduced two products, the Avenue<ref>{{cite web|url=http://www.rethink-wireless.com/2011/10/28/dragonwave-strikes-cell-backhaul.htm |title=Dragonwave strikes early in small cell backhaul |publisher=Rethink Wireless|accessdate=09/19/13}}</ref> and Horizon Compact+.<ref>{{cite web|url=http://www.ebmag.com/Products/Voice-Data-Video-etc/dragonwave-introduces-new-horizon-compact.html |title=DragonWave introduces new Horizon Compact+ |publisher=Electrical Business |accessdate=09/19/13}}</ref>
"expects a cumulative $43.6 billion USD to be spent on macrocell mobile backhaul equipment over the 5 years from 2012 to 2016, as operators outside of North America buy up microwave gear to support rising capacity requirements."<ref>{{cite web|url=http://www.infonetics.com/pr/2012/1H12-Macrocell-Mobile-Backhaul-Market-Highlights.asp |title= $44 billion to be spent over 5 years on mobile backhaul gear, driven by IP-Ethernet and microwave |publisher=Infonetics |accessdate=09/18/13}}</ref>
“Well over half of all spending in the mobile backhaul market is on microwave equipment,” said Richard Webb, directing analyst for microwave and mobile offload at Infonetics.<ref>{{cite web|url=http://www.infonetics.com/pr/2012/1H12-Macrocell-Mobile-Backhaul-Market-Highlights.asp |title= $44 billion to be spent over 5 years on mobile backhaul gear, driven by IP/Ethernet and microwave |publisher=Infonetics |accessdate=09/18/13}}</ref>


In 2012, DragonWave acquired [[Nokia Siemens Networks]]' microwave transport business, rebranding the NSN Flexipacket products as the DragonWave Harmony family.<ref>{{cite web|url=http://www.aglmediagroup.com/dragonwave-rebrands-recently-acquired-nsn-product-line/|title=DragonWave Rebrands Recently Acquired NSN Product Line |publisher=AGL Magazine |accessdate=01/21/14}}</ref> Per that transaction, DragonWave also became a preferred supplier to Nokia Siemens Networks and continues to provide the Flexipacket products to the company.<ref>{{cite web|url=http://connectedplanetonline.com/3g4g/news/DragonWave-to-purchase-NSN-microwave-transport-unit-1104/ |title=DragonWave to purchase NSN microwave transport unit |publisher=Connected Planet |accessdate=09/19/13}}</ref>
=== Small cell ===
The small cell market is being driven by an ever-increasing capacity demand at the street level as the use of mobile devices and smart phones continues to grow expansively, leading to industry consensus that the market for mobile backhaul will continue to grow at an accelerated rate.<ref>{{cite web|url=http://www.abiresearch.com/research/product/1004832-mobile-network-backhaul/ |title=Mobile Network Backhaul |publisher=ABI Research |accessdate=08/30/13}}</ref>
According to Infonetics Research in 2012, the demand for outdoor small cell backhaul represents a 5-year $5 billion USD opportunity.<ref>{{cite web|url=http://www.infonetics.com/pr/2012/Outdoor-Small-Cell-Mobile-Backhaul-Equipment-Market-Outlook-Highlights.asp |title= Outdoor Small Cell Mobile Backhaul Equipment Market Outlook |publisher=Infonetics |accessdate=09/18/13}}</ref> Backhaul solutions for all small cell deployment scenarios depend on multiple variables, including location, form factor limitations, local regulations, available power and network, as well as cost.


==Products==
Infonetics forecasts the number of outdoor small cell backhaul connections to grow more than a hundredfold from 2012 to 2016, with wireless microwave equipment accounting for 89 percent of all outdoor small cell backhaul equipment revenue in 2012.<ref>{{cite web|url=http://www.infonetics.com/pr/2012/Outdoor-Small-Cell-Mobile-Backhaul-Equipment-Market-Outlook-Highlights.asp |title=Outdoor small cell backhaul a 5-year $5 billion opportunity |publisher=Infonetics |accessdate=09/19/13}}</ref>
DragonWave designs and builds Ethernet microwave products to support existing and emerging backhaul requirements employing three key technologies: packet microwave, hybrid microwave and small cell solutions.{{CN}}
Richard Webb, directing analyst for microwave, mobile offload and mobile broadband devices at Infonetics said, “We expect to see significant shifts in the type of equipment vendors use to backhaul outdoor small cells, with [[millimeter wave]] and non-line-of-sight, or [[NLOS]] , equipment becoming the top segments of the market by 2016. Millimeter wave equipment has a high capacity (1 Gbps in a single channel) and very low latency, and nearly all of the operators we’ve interviewed are evaluating millimeter wave for small cell backhaul.”<ref>[http://www.infonetics.com/pr/2012/Outdoor-Small-Cell-Mobile-Backhaul-Equipment-Market-Outlook-Highlights.asp "Outdoor Small Cell Mobile Backhaul Equipment Market Outlook"], Vendor Equipment, Dec. 10, 2012</ref>


== References ==
== References ==

Revision as of 19:53, 14 May 2014

DragonWave, Inc.
Company typePublic
NasdaqDRWI, TSXDWI
IndustryWireless Backhaul
FoundedOttawa, Ontario (2000)
Headquarters Ottawa, Ontario, Canada
ProductsHigh-capacity packet microwave solutions
RevenueIncrease78.2 million USD (2013)[1]
Websitehttp://www.dragonwaveinc.com

DragonWave is a multinational corporation headquartered in Ottawa, Ontario and a global supplier of packet microwave radio systems for mobile and access IP networks.

History

Incorporated in February 2000,[2] DragonWave introduced AirPair, its first wireless broadband product in 2002 and announced Storm Internet Services[3] as its first customer.

In 2007, the company opened offices in the United Kingdom (UK).[4] That same year also saw the launch of its all-outdoor Horizon Compact[5] microwave radio with transport speeds of 800Mbit/s, as well as the AirPair Unite,[6] capable of handling both Ethernet and TDM traffic across a single wireless IP stream. DragonWave was also first listed on the Toronto Stock Exchange in 2007.[7] For the 2009 fiscal year, when the company was first listed on the NASDAQ exchange,[8] In 2011 DragonWave introduced two products, the Avenue[9] and Horizon Compact+.[10]

In 2012, DragonWave acquired Nokia Siemens Networks' microwave transport business, rebranding the NSN Flexipacket products as the DragonWave Harmony family.[11] Per that transaction, DragonWave also became a preferred supplier to Nokia Siemens Networks and continues to provide the Flexipacket products to the company.[12]

Products

DragonWave designs and builds Ethernet microwave products to support existing and emerging backhaul requirements employing three key technologies: packet microwave, hybrid microwave and small cell solutions.[citation needed]

References

  1. ^ "DragonWave Announces Financial Results for Fourth Quarter and Full Fiscal Year 2013" (Press release). DragonWave. May 8, 2013. Retrieved August 8, 2013.
  2. ^ "Dragonwave Inc (DWI:Toronto)". Bloomberg Businessweek. Retrieved 08/12/13. {{cite web}}: Check date values in: |accessdate= (help)
  3. ^ "DragonWave Through the Ages". Ottowa Business Journal. Retrieved Nov 11, 2013.
  4. ^ "DragonWave Inc. Company Information". Hoovers. Retrieved 08/07/13. {{cite web}}: Check date values in: |accessdate= (help)
  5. ^ "DragonWave's Inexpensive Horizon Compact Wireless Carrier Ethernet System". TMCnet. Retrieved Sep 18, 2013.
  6. ^ "DragonWave's Airpair Unite Converges Ethernet TDM". Converge Digest. Retrieved 01/21/14. {{cite web}}: Check date values in: |accessdate= (help)
  7. ^ "DragonWave to list on AIM market, Toronto Stock Exchange". Telecompaper. Retrieved 1/21/18, 2013. {{cite web}}: Check date values in: |accessdate= (help)
  8. ^ "DragonWave Debuts In U.S. Listing". 24/7 Wall St. Oct 15, 2009. Retrieved Sep 19, 2013.
  9. ^ "Dragonwave strikes early in small cell backhaul". Rethink Wireless. Retrieved 09/19/13. {{cite web}}: Check date values in: |accessdate= (help)
  10. ^ "DragonWave introduces new Horizon Compact+". Electrical Business. Retrieved 09/19/13. {{cite web}}: Check date values in: |accessdate= (help)
  11. ^ "DragonWave Rebrands Recently Acquired NSN Product Line". AGL Magazine. Retrieved 01/21/14. {{cite web}}: Check date values in: |accessdate= (help)
  12. ^ "DragonWave to purchase NSN microwave transport unit". Connected Planet. Retrieved 09/19/13. {{cite web}}: Check date values in: |accessdate= (help)