Powerwave Technologies, Inc. (Powerwave) (NASDAQ: PWAV) is a global telecommunications corporation, incorporated in January of 1985. Headquartered in Santa Ana, California, the company focuses on delivering telecommunications solutions, services and products designed to amplify coverage, capacity and data speed in wireless communications networks.[1] Its product portfolio supports frequencies, including Next Generation Networks in 4G technology such as WiMAX and LTE.
Powerwave has operated under the leadership of Chief Executive Officer Ronald J. Buschur since February of 2005.[2] For 2008, the company posted revenues of $890.2M.[3]
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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 Powerwave's product portfolio in key single carrier markets, such as GSM and TDMA. In 2001, Powerwave 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, Powerwave acquired Ericsson Amplifier Technologies, Inc., which was focused on multi-carrier power amplifiers. In 2004, Powerwave 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 acquisition extended Powerwave’s product breadth and market reach in the coverage solutions marketplace with emphasis on the public safety and government markets. Also in 2005, Powerwave acquired certain assets of REMEC, Inc.’s Wireless Systems business, including its RF conditioning products, filters, tower mounted amplifiers and RF power amplifiers.[5] Powerwave 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.
Powerwave Technologies has office locations worldwide with three main company contacts:
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