Ubidyne, the global leader in antenna embedded digital radio technology for the wireless industry, announced today that Gimv has made a large investment in Ubidyne, joining existing investors Baytech, Doughty Hanson and TVM Capital. This funding will accelerate the company’s ramp to production and drive global market penetration.
Ubidyne has created the world’s first digital, Antenna Embedded Radio(TM) system for wireless communications. Ubidyne’s patent-pending technology significantly improves the operating economics of wireless networks. It reduces energy consumption, enables simple, flexible deployment, and increases the coverage and capacity of mobile communications networks.
“This recent round of funding enables us to accelerate the global launch of Ubidyne’s Antenna Embedded Radio(TM) for re-farming the 900 MHz band and deliver valuable new features including tilt by carrier,” stated Ken Hawk, CEO of Ubidyne. “Ubidyne’s ability to accomplish this financing in light of the recent financial climate is a testament to our team, customers and partners.” “Gimv Technology focuses on game-changing technology companies that can become global leaders. We believe Ubidyne is poised to dramatically revolutionize the wireless base station industry, a market of truly impressive dimensions, with their unique digital radio technology. The Ubidyne team has done a terrific job turning a radical new concept into a real product being field-tested by the world’s leading operators. We look forward to working with Ken Hawk and his team to accelerate growth and build long-term value,” says Hansjorg Sage, Partner at Gimv Technology who led the round.
According to Brian Modoff, Research Analyst, Deutsche Bank: “I have been following Ubidyne for more than two years and their antenna embedded radio platform brings substantial benefits to the mobile operator in terms of performance, reduced footprint, energy efficiency and overall deployment costs.
Operators will finally be able to fine-tune their networks for coverage and capacity without visiting the site.” According to Anirudh S. Srinivasan, Research Analyst, Frost & Sullivan: “Ubidyne’s solution demonstrates considerable versatility and garners universal appeal, with its support for both the CPRI and OBSAI interfaces, and the platform’s support for multiple standards including GSM, WCDMA, and LTE ensures that the solution caters to not just today’s needs, but also tomorrow’s requirements. It may be only a matter of time before this novel solution that is cost-effective, energy efficient, and consequently environment-friendly, becomes ubiquitous among cellular base stations across the globe.” About Ubidyne: Ubidyne was formed in 2005 to bring its groundbreaking digital Antenna Embedded Radio(TM) technology to market. Ubidyne’s products are manufactured in close cooperation with Andrew and Kathrein and will be available from Nokia Siemens Networks as part of their Flexistation product family. The Ubidyne integrated active antenna systems are compatible with CPRI and OBSAI optical interfaces and support current and next-generation standards including GSM, UMTS, HSPA+, and LTE. Ubidyne’s micro-radio technology is integrated within wireless antennas and revolutionizes the economics of mobile communications. This eliminates the need for coaxial feeder cables, remote electrical tilt and additional amplifiers on antenna towers and masts. The Ubidyne technology significantly reduces energy consumption while improving radio performance, deployment flexibility, coverage and capacity of mobile communications networks globally. For more information visit www.ubidyne.com.
About Gimv: Gimv is a European investment company with nearly 30 years of experience in private equity and venture capital. The company is listed on NYSE Euronext Brussels and currently manages around EUR 1.7 billion of assets (including third-party funds).
Gimv undertakes buyouts and provides growth capital to established companies.
Local teams in Belgium, France, The Netherlands and Germany concentrate on these activities. Gimv-XL provides growth financing to larger growth companies in Flanders. Gimv makes venture capital investments in high-tech sectors through its specialist teams in Life Sciences, Technology and Cleantech.
Its DG Infra+ fund also focuses on infrastructure projects in the Benelux. For growth capital investments in Russia, Gimv has a joint venture with KBC Private Equity.
For more information about Gimv, please visit our website: www.gimv.com.
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