NEWS CENTRE

INTECHNOLOGY PLC ACQUIRE ALVARION WIFI UK

 

Peter Wilkinson purchases Israeli Telecommunications company

Harrogate, UK, November 2013 - Peter Wilkinson has confirmed he has paid an undisclosed sum for Israeli telecommunications business Alvarion, which went into administration in November 2013.
 
Alvarion was listed on the NASDAQ stock exchange and had a market capitalisation of $1.2bn and a turnover of $250m until it fell into difficulties earlier in 2013 due to mis-management.
 
Peter Wilkinson's acquisition will allow it's communications business, Mobile Tornado, greater access to the homeland security markets by being able to offer private networks to clients, whilst offering an additional delivery platform for it's remote healthcare monitoring business Inhealthcare.
 
With the rapid development and uptake of mobile devices and tablets the lack of good wifi has left a huge hole in the marketplace having spent years searching for a technically advanced wifi manufacturer Peter eventually found and bought "Alvarion" in November 2013. Once he'd acquired this business he saw a huge market opportunity in the UK for Smart Cities, Stadiums, arenas etc which wasn't' being fulfilled by the predominantly US wifi manufacturers or any of the large UK telecom providers. In January 2014 InTechnology Plc launched InTechnologyWiFi Ltd where it will use it's previous models and expertise to deliver content rich wifi solutions to cities, towns, stadiums, arenas etc.
 
Peter Wilkinson, CEO of InTechnology plc commented:
 
Peter Wilkinson
CEO
InTechnology plc
As I sit here in January 2014 it's hard to find the words to express my disappointment at the lack in the UK of Smart Cities, Stadium, Arenas etc the major providers have seemingly let the country down in not providing these technologies when given many opportunities to do so. We believe we have not only the technologies to deliver but the business models which make this viable for all.
 
 
 

Additional Resources

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
 More information on InTechnologyWiFi
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
 Contact us for more information on our services