Telrad Networks

LTE Solutions for WISPs, Telcos, and Private Enterprises

Industrial Technologies
Acquired by Liquid Intelligent Technologies on May, 2022

Company Overview

Snapshot

Founded in August 1951, Telrad Networks operates with 201–500 employees. The company raised $66 million across two funding rounds from three investors. In May 2022, Telrad Networks was acquired by Liquid Intelligent Technologies.

Business overview

Telrad Networks is a telecommunications company that develops and provides LTE- and Wi-Fi-based networking solutions. Its core offerings include routers, gateways, and customer premises equipment designed to help service providers, mobile operators, and enterprise customers build and manage high-speed wireless networks. The company serves the telecommunication and industrial technologies sectors, focusing on broadband and wireless communication.

Strategic signal

In May 2022, Telrad Networks was acquired by Liquid Intelligent Technologies, marking a significant exit for the company. This acquisition indicates a strategic consolidation within the telecommunications infrastructure market, with Liquid Intelligent Technologies expanding its capabilities through Telrad's LTE and Wi-Fi networking solutions. For investors, this signals a successful realization of value for Telrad's stakeholders and highlights the ongoing demand for robust wireless broadband technologies.

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 led to the company's delisting from the TASE in August 2022.
When did Telrad Networks go public?
Telrad Networks conducted an Initial Public Offering (IPO) on the TASE in June 2017, raising $45 million.
What was Telrad Networks' most recent acquisition?
In May 2021, Telrad Networks acquired the business operations and WipAir portfolio of WaveIP.
What was a key partnership for Telrad Networks in late 2020?
In December 2020, Telrad Networks partnered with Mobile Tornado to provide next-generation instant communication solutions.
What was a notable product trial announced by Telrad Networks in 2019?
In November 2019, Telrad Networks and Midco completed a successful 5GHz LTE trial.

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