Edgewater Expands into Licensing of Breakthrough IP
OTTAWA, Canada--(BUSINESS WIRE)--Edgewater Wireless Systems Inc. (YFI; TSX.V) (OTCQB: KPIFF), the industry leader in Wi-Fi Spectrum Slicing technology for residential and commercial markets, today announced the launch of its Licensing program including access to its breakthrough IP and expertise.
With over 3-billion Wi-Fi enabled devices1 added over the last 12-months, and ever more Wi-Fi enabled entertainment and IoT devices emerging in the residential market, the demand for Wi-Fi device airtime is growing at a frantic pace. As an established innovator in high-density Wi-Fi applications, Edgewater’s groundbreaking technology is poised to enable similar leaps in the ever densifying home market by licensing Wi-Fi Spectrum Slicing to established chip vendors with massive residential market share.
Edgewater’s patented approach and expertise will enable silicon manufacturers to implement Wi-Fi Spectrum Slicing on their platforms, dramatically reducing time to market for the next phase of residential Wi-Fi innovation -- high-density capacity management.
“With the emergence of applications like CableLabs’ Dual Channel Wi-Fi™ standard and the enormous growth in Wi-Fi enabled devices, demand for Edgewater’s Wi-Fi Spectrum Slicing technology has been growing,” said Andrew Skafel, President and CEO of Edgewater Wireless. “Licensing our valuable IP and expertise provides a scalable platform for growth and maximizes shareholder returns with a high-margin line of business which adds to our other high growth lines of business in both the OEM and Solutions markets.”
The multi-year investments required for silicon-based innovation can be significantly reduced by leveraging Edgewater’s breakthrough IP and expertise.
“Long term licensing partnerships will allow Wi-Fi Spectrum Slicing to become the ubiquitous silicon solution for all markets, and accelerate time to market in an environment where the density of clients is currently outpacing legacy single-channel Wi-Fi technology,” said Eric Smith, VP of Product for Edgewater Wireless. “Moreover, revenue produced from licensing our current technology provides a firm base from which Edgewater will continue to innovate.”
Edgewater will be demonstrating the latest Wi-Fi Spectrum Slicing technology at the upcoming WBA Global Congress in Frankfurt from September 30, 2019 to October 3, 2019. For more details, click here.
About Edgewater Wireless
We make Wi-Fi. Better.
Edgewater Wireless (www.edgewaterwireless.com) is the industry leader in innovative Wi-Fi Spectrum Slicing technology for residential and commercial markets. A disruptive, next-generation approach to wireless, Wi-Fi Spectrum Slicing optimizes scarce spectrum to deliver demanding applications like video, gaming, and voice applications as the highest quality-of-service possible.
Backed by 24+ patents, we deliver high-performance MCSR™ silicon, advanced MCSR™ powered Access Points and Intellectual Property (IP) licensing to OEM and ODMs; service providers; and silicon manufacturers.
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1 Wireless Broadband Alliance Infographic (https://www.wballiance.com/wp-content/uploads/2018/09/Infographic-Wide-Version.pdf)