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Lincoln International advised Corning Incorporated in the acquisition of iBwave Solutions, Inc.CHICAGO, April 16, 2015 /PRNewswire/ -- Lincoln International LLC ("Lincoln International"), a leading global mid-market investment bank, is pleased to announce that Corning Incorporated ("Corning"), one of the world's leading innovators in materials science, completed the acquisition of iBwave Solutions, Inc. ("iBwave") on March 31, 2015. Lincoln International served as Corning's exclusive financial advisor in the transaction. Photo - http://photos.prnewswire.com/prnh/20150415/199023 iBwave, headquartered in Montreal, Canada, is an industry leader in design software for in-building wireless solutions for a wide range of customers and system integrators. Its software and professional services are used by more than 600 global leading telecom operators, system integrators and equipment manufacturers in more than 80 countries worldwide. iBwave will operate under its current name as a wholly owned subsidiary of Corning, reporting to Corning's Optical Communications business segment. "iBwave is a world leading resource for inside-building wireless design," said Clark S. Kinlin, Executive Vice President, Corning Optical Communications. "We are pleased to welcome this talented team to Corning." Federico Mennella, Managing Director at Lincoln International, said "We are delighted to hae assisted Corning in completing another important transaction. We greatly value our relationship with Corning and look forward to continued work with Corning in the future across multiple industry verticals and geographies." About Corning Incorporated About Lincoln International Media Contact: Kelly Neroda
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/lincoln-international-advised-corning-incorporated-in-the-acquisition-of-ibwave-solutions-inc-300066896.html SOURCE Lincoln International LLC |