About Wireless Telecom Group
Wireless Telecom Group is a company based in Parsippany Troy Hills (United States) founded in 1985 was acquired by Maury Microwave in May 2023.. The company has 955 employees as of February 28, 2022. Wireless Telecom Group has completed 5 acquisitions, including CommAgility, FXR Racing and Holzworth. Wireless Telecom Group offers products and services including RF Test Equipment, Signal Sources, and Noise Sources. Wireless Telecom Group operates in a competitive market with competitors including Sandvine, NetScout, Viavi, Neusoft and Synchronoss, among others.
- Headquarter Parsippany Troy Hills, United States
- Employees 955 as on 28 Feb, 2022
- Stage Public
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Sectors
Telecommunications
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Wireless Telecom Group Inc
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Annual Revenue
$22.37 M-1as on Dec 31, 2022
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Net Profit
$14.59 M873as on Dec 31, 2022
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EBITDA
$-2.64 M-19as on Dec 31, 2022
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Latest Funding Round
$6.25 M (USD), Post-IPO
Feb 17, 2017
- Investors
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Employee Count
955
as on Feb 28, 2022
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Investments & Acquisitions
CommAgility
& 4 more
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Acquired by
Maury Microwave
(May 25, 2023)
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Products & Services of Wireless Telecom Group
Wireless Telecom Group offers a comprehensive portfolio of products and services, including RF Test Equipment, Signal Sources, and Noise Sources. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tools for testing RF and microwave systems in wireless applications
Devices for generating signals used in wireless system development
Equipment for simulating noise in telecommunications testing
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Funding Insights of Wireless Telecom Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $6.2M
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First Round
First Round
(17 Feb 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2017 | Amount | Post-IPO - Wireless Telecom Group | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wireless Telecom Group
Wireless Telecom Group has secured backing from 1 investor. Prominent investors backing the company include Maury Microwave. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Laboratory devices, system components, and consulting services are manufactured.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wireless Telecom Group
Wireless Telecom Group has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include CommAgility, FXR Racing and Holzworth. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of application specific network processors
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2006 | ||||
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Manufacturer of amplifiers, phase detectors, and frequency dividers
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2004 | ||||
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Network testing solutions are provided for telecommunications industry.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Wireless Telecom Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wireless Telecom Group Comparisons
Competitors of Wireless Telecom Group
Wireless Telecom Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sandvine, NetScout, Viavi, Neusoft and Synchronoss, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Network policy control products are provided for broadband service providers.
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| domain | founded_year | HQ Location |
Cloud-based visual tools for network performance management are provided.
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| domain | founded_year | HQ Location |
Cloud-based test and measurement solutions for broadband are provided.
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| domain | founded_year | HQ Location |
IT solutions and services are provided to multiple industries.
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| domain | founded_year | HQ Location |
SaaS-based platform providing subscriber analytics, network asset management, and cloud services
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| domain | founded_year | HQ Location |
OSS/BSS and IT services are provided to the telecommunications sector.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wireless Telecom Group
Frequently Asked Questions about Wireless Telecom Group
When was Wireless Telecom Group founded?
Wireless Telecom Group was founded in 1985 and raised its 1st funding round 32 years after it was founded.
Where is Wireless Telecom Group located?
Wireless Telecom Group is headquartered in Parsippany Troy Hills, United States. It is registered at Parsippany Troy Hills, New Jersey, United States.
How many employees does Wireless Telecom Group have?
As of Feb 28, 2022, the latest employee count at Wireless Telecom Group is 955.
What is the annual revenue of Wireless Telecom Group?
Annual revenue of Wireless Telecom Group is $22.37M as on Dec 31, 2022.
What does Wireless Telecom Group do?
Wireless Telecom Group was established in 1985 and is based in Parsippany Troy Hills, United States. RF testing and measurement solutions are offered by the company to support operations in wireless, telecommunication, satellite, military, aerospace, and semiconductor industries. Products and services are tailored for these sectors to address specific technical requirements in signal management and equipment validation.
Who are the top competitors of Wireless Telecom Group?
What products or services does Wireless Telecom Group offer?
Wireless Telecom Group offers RF Test Equipment, Signal Sources, and Noise Sources.
How many acquisitions has Wireless Telecom Group made?
Wireless Telecom Group has made 5 acquisitions, including CommAgility, FXR Racing, and Holzworth.
Who are Wireless Telecom Group's investors?
Wireless Telecom Group has 1 investor. Key investors include Maury Microwave.
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