Corning Acquires iBwave Solutions

CORNING, N.Y. | Corning Incorporated | April 01, 2015
Acquisition supports wireless growth
Corning Incorporated (NYSE: GLW) announced today that it has acquired iBwave Solutions, Inc. The terms of the acquisition agreement were not released.

Based in Montreal, Canada, iBwave is an industry leader in design software for in-building wireless solutions for a wide range of customers and system integrators. Its software and professional services are used by more than 600 global leading telecom operators, system integrators, and equipment manufacturers in more than 80 countries worldwide.

iBwave will operate under its current name as a wholly owned subsidiary of Corning, reporting to Corning’s Optical Communications business segment. iBwave will continue to serve its customers from its Canadian headquarters under the same leadership.

“iBwave is a world leading resource for inside-building wireless design” said Clark S. Kinlin, executive vice president, Corning Optical Communications. “We are pleased to welcome this experienced team to Corning.”