Telrad Networks
LTE Solutions for WISPs, Telcos, and Private Enterprises
Company Overview
Snapshot
Founded in August 1951, Telrad Networks operates with 201–500 employees and has raised a total of $66 million across two funding rounds from three investors. The company was acquired by Liquid Intelligent Technologies in May 2022.
Business overview
Telrad Networks is a telecommunications company specializing in the development and provision of LTE- and Wi-Fi-based networking solutions. The company offers products such as routers, gateways, and customer premises equipment, enabling service providers, including fixed broadband operators, mobile operators, and enterprise customers, to build and manage high-speed wireless networks. It serves markets in North America and South America, including Mexico, Israel, Peru, Paraguay, Argentina, and Chile, operating within the Industrial Technologies sector.
Strategic signal
In May 2022, Telrad Networks was acquired by Liquid Intelligent Technologies, marking a significant exit for the company. This acquisition signals a strategic consolidation within the telecommunications infrastructure market, indicating Telrad's established value in providing LTE solutions and its potential for broader market reach under new ownership.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant recent corporate development for Telrad Networks?
- In May 2022, Telrad Networks was acquired by Liquid Intelligent Technologies. This event marked a major transition for the company, five years after its IPO.
- When did Telrad Networks go public?
- Telrad Networks completed an Initial Public Offering (IPO) on the TASE in June 2017, raising $45 million.
- Which company did Telrad Networks acquire in May 2021?
- In May 2021, Telrad Networks acquired the business operations and WipAir portfolio of WaveIP.
- What was a key partnership announced by Telrad Networks in December 2020?
- In December 2020, Telrad Networks partnered with Mobile Tornado to provide next-generation instant communication solutions.
- Who were some of the investors in Telrad Networks' funding rounds?
- In November 2004, Telrad Networks received funding from investors including.