BNET Industries
Market Cap:$181.3M
Last Fiscal Year Sales:$890.2M
- Public
- US
Dow Jones Description
Powerwave Technologies, Inc. (NASDAQ: PWAV) is a global leader in end-to-end wireless coverage and capacity solutions for wireless communications networks. Offering cutting edge wireless infrastructure to address the demands of enterprise and commercial customers, Powerwave offers a comprehensive suite of solutions, including Antennas, Base Station Solutions and Coverage Solutions. Powerwave's product line supports all wireless network protocols and frequencies including Next Generation Networks in 4G technology such as WiMAX and LTE. Powerwave solutions, products and services also help wireless operators and OEMs reduce capital and operating expenses, speed rollout of services, improve coverage and capacity, and reduce environmental impact.
Chief Operating Officer
J. Marvin MaGeeNumber of Employees 2,346
Contact Information
1801 E Saint Andrew Pl
Santa Ana, California 92705-5044
(714) 466-1000
Peer Companies
NAICS Code Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: 334220
Recent Events
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Powerwave Releases Crossband Combiner/Diplexer Featuring DC Auto-Sense Capabilities
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Powerwave Opens Facility In Thailand
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Powerwave Technologies reports net income in Q3
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Powerwave Technologies Announces Third Quarter Conference Call Information
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Powerwave Introduces Mobile RF Site Solutions, Rapid Mobile Deployment Unit, Delivering Real-Time Communications Support For...
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Powerwave Technologies Reports Preliminary 2Q Results
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Powerwave Technologies Reports Second Quarter Results
News & Analysis
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amplifier and powerwave technologies inc. - All News and Analysis
Powerwave Technologies Prices Convertible Subordinated Notes
SANTA ANA, Calif. -- Powerwave Technologies, Inc. (NASDAQ:PWAV) today announced that it has priced its previously announced private placement of $130 million aggregate principal amount of convertible subordinated notes due 2027. In addition, the initial purchaser of the notes exercised its option to purchase an additional $20 million principal amount...
Powerwave Technologies Named One of North America's Fastest Growing Technology Companies
Business Editors and High-Tech Writers IRVINE, Calif.--BUSINESS WIRE--Nov. 16, 2000 Powerwave Technologies Inc. (Nasdaq:PWAV) Thursday announced that they have been named to Deloitte & Touche's Technology Fast 500, a ranking of the 500 fastest-growing technology companies in North America. Rankings are based on five-year percentage revenue growth...
Powerwave to Exhibit at the GSM World Congress in Cannes, France
Business Editors and High-Tech Writers IRVINE, Calif.--BUSINESS WIRE--Jan. 31, 2000 Powerwave Technologies Inc. (Nasdaq:PWAV) will be exhibiting at the GSM World Congress in Cannes, France, Feb. 1-4, 2000 at stand E5. The new Chameleon multi-carrier RF power amplifier MCPA will be featured as one of the first...
Powerwave to Exhibit at the GSM World Congress in Cannes, France
Business Editors and High-Tech Writers IRVINE, Calif.--BUSINESS WIRE--Jan. 31, 2000 Powerwave Technologies Inc. (Nasdaq:PWAV) will be exhibiting at the GSM World Congress in Cannes, France, Feb. 1-4, 2000 at stand E5. The new Chameleon multi-carrier RF power amplifier MCPA will be featured as one of the first...
Powerwave Technologies Announces Departure of Alfonso Cordero
IRVINE, Calif.--BUSINESS WIRE--Nov. 5, 1999-- Powerwave Technologies Inc. (NASDAQ:PWAV) Friday announced that its former chairman, Alfonso G. Cordero, has resigned from the company's Board of Directors. "Al Cordero, as founder of Powerwave, has been a major contributor to Powerwave's success and we wish him every success as he...
Powerwave Technologies Named One of Orange County and San Diego's Fastest-Growing Technology Companies
IRVINE, Calif.--BUSINESS WIRE--Sept. 11, 1998--Powerwave Technologies Inc. (Nasdaq:PWAV) has been named to Deloitte & Touche's "Fast 50" program for Orange County/San Diego, a ranking of the 50 fastest-growing technology companies in the area. Powerwave was ranked number 13 in the rankings which are based on the...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| J. Marvin MaGee | Chief Operating Officer |
| Kevin T. Michaels | CFO & Secretary |
| Khurram P. Sheikh | Chief Product and Development Officer |
| Basem Anshasi | Vice President, Worldwide Sales |
| Bill Vassilakis | Global Vice President, Research and Product Development |
| Dave Quinn | Vice President, Wireless Solution Group |
| Gregory K. Gaines | Vice President, Global Sales, Marketing |
| Tom Mawhinney | General Partner |
| Marc C. Cohodes | |
| Carl W. Neun | Director |
| Eugene L. Goda | Director |
| Gregory M. Avis | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| David L. George | Board of Directors |
| John L. Clendenin | Board of Directors |
| Ken Bradley | Board of Directors |
| Mikael Gottschlich | Board of Directors |
| Moiz M Beguwala | Board of Directors |
| Ronald J. Buschur | Board of Directors |
| Safi Qureshey | Board of Directors |
J. Marvin MaGee, 56, is presently Chief Operating Officer of Powerwave. Mr. MaGee joined the Company in May 2007 as Senior Vice President, Operations and became Chief Operating Officer in December 2007. Mr. MaGee was employed by Celestica, Inc., a Toronto-based contract manufacturing service provider from 1997 through 2006, and was Executive Vice President of the World Wide Operations from 2005 through 2006 and from 2000 through 2002. Between 2002 and 2005, Mr. MaGee was Chief Operating Officer and President for Celestica. Mr. MaGee also served as Celestica’s Senior Vice President of North American Operations between 1997 and 1999. Prior to joining Celestica, Mr. MaGee was employed by IBM for 18 years in various management roles in Canada and the United States.
| Organization | Position | Status |
|---|---|---|
| Powerwave Technologies, Inc. | Chief Operating Officer | Current |
| Celestica, Inc. | President | Former |
| Celestica, Inc. | Chief Operating Officer | Former |
| Powerwave Technologies, Inc. | Senior Vice President, Operations | Former |
| Celestica, Inc. | Senior Vice President of North American Operations | Former |
Kevin T. Michaels, 50, is presently Chief Financial Officer and Secretary of Powerwave. Mr. Michaels joined the Company in June 1996 as Vice President, Finance and Chief Financial Officer and was appointed Secretary in June 1996. Mr. Michaels was named Senior Vice President, Finance in February 2000. Prior to joining the Company, Mr. Michaels worked for AST Research, Inc. for eight years, most recently as Vice President, Treasurer from October 1995 to June 1996. From July 1991 to October 1995, Mr. Michaels was Treasurer of AST Research, Inc. and from June 1988 to June 1991, he was Assistant Treasurer.
| Organization | Position | Status |
|---|---|---|
| Powerwave Technologies, Inc. | CFO & Secretary | Current |
| Powerwave Technologies, Inc. | Secretary | Current |
Khurram P. Sheikh, 36, is presently Chief Product and Development Officer of Powerwave. Mr. Sheikh joined the company in August 2007 in his current capacity. Mr. Sheikh was employed by Time Warner Cable from August 2005 through August 2007, as Vice President, Wireless Strategy and Development. Between 2000 and 2005, Mr. Sheikh was Chief Technology Advisor, Senior Director, for various divisions within Sprint, including the Broadband Wireless Group, Mass Markets Business Group and the Technology Development group.
| Organization | Position | Status |
|---|---|---|
| Powerwave Technologies, Inc. | Chief Product and Development Officer | Current |
| Powerwave Technologies, Inc. | Chf. Prod.&Development Officer | Former |
| Stanford University | Degrees In Electrical Engineering | Former |
Basem Anshasi, 42, is presently the Vice President of Worldwide Sales of Powerwave and has held this position since December 2008. Mr. Anshasi joined the Company in July 2006 as Senior Director for Global OEM Sales, and was later named Vice President of Global OEM Sales in January 2007. Prior to joining Powerwave, Mr. Anshasi was employed by ADC Telecommunications, Inc. from January 1991 through July 2006, where he held several management positions in Sales, Engineering and Operations and was most recently Director of Sales, Wireless. Mr. Anshasi holds a Bachelor of Science Degree in Electrical Engineering from the University of Alabama, and a Master of Science Degree in Biomedical Engineering from the University of Alabama in Birmingham.
| Organization | Position | Status |
|---|---|---|
| Powerwave Technologies, Inc. | Vice President, Worldwide Sales | Current |
| ADC Telecommunications, Inc. | Former | |
| The University of Alabama | Master of Science Degree In Biomedical Engineering | Former |
| The University of Alabama | Bachelor of Science Degree In Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Powerwave Technologies, Inc. | Global Vice President, Research and Product Development | Current |
| Organization | Position | Status |
|---|---|---|
| Powerwave Technologies, Inc. | Vice President, Wireless Solution Group | Current |
| Organization | Position | Status |
|---|---|---|
| Powerwave Technologies, Inc. | Vice President, Global Sales, Marketing | Current |
| Intel Corporation | Former | |
| Hewlett-Packard Company | Former | |
| Digital Equipment Corporation | Former |
| Organization | Position | Status |
|---|---|---|
| HAHT Commerce, Inc. | General Partner | Current |
| Intelliquest, Inc. | General Partner | Current |
| Pediatrix Medical Group, Inc. | General Partner | Current |
| Notiva Corporation | General Partner | Current |
| Powerwave Technologies, Inc. | General Partner | Current |
| JAFCO Co., Ltd. | General Partner | Current |
| Jafco America Ventures, Inc. | General Partner | Current |
| Postpath, Inc | Board of Directors | Current |
| North Systems, Inc. | President | Former |
| Summit Partners | NA | Former |
| North Systems, Inc. | co-founded | Former |
| Canaan Partners | NA | Former |
| Jafco America Ventures, Inc. | Operating Executive | Former |
| Stanford Graduate School of Business | MBA | Former |
| Harvard College | Bachelor of Arts Degree In Government | Former |
| Organization | Position | Status |
|---|---|---|
| Powerwave Technologies, Inc. | Current |
Eugene L. Goda, 73, has been a member of Powerwave's Board of Directors since November 1995. From June 1997 to March 2000, Mr. Goda served as Chairman of the Board, President and Chief Executive Officer of Objectshare Inc., a software company. From October 1991 to October 1995, Mr. Goda served as Chief Executive Officer of Simulation Sciences, Inc., a software company. From July 1989 to September 1991, he served as Chief Executive Officer of Meridian Software Systems.
| Organization | Position | Status |
|---|---|---|
| Powerwave Technologies, Inc. | Chairman | Current |
| Planar Systems, Inc. | Chair | Current |
| Clarity Visual Systems, Inc. | Director | Current |
| RadiSys Corporation | Board of Directors | Current |
| Planar Systems, Inc. | Board of Directors | Current |
| Conner Peripherals | Chief Financial Officer | Former |
| Tektronix, Inc. | Chief Financial Officer | Former |
| Conner Peripherals | Senior Vice President of Administration | Former |
| Tektronix, Inc. | Senior Vice President | Former |
| Evraz Oregon Steel Mills, Inc. | Chair of Board | Former |
| Evraz Oregon Steel Mills, Inc. | Director | Former |
| Wharton Graduate School of the University of Pennsylvania | M.B.A. | Former |
| Hamilton College | B.A. | Former |
David L. George, 55, has been a member of Powerwave's Board of Directors since November 1995. Since August 2007, he has been President of Prime Radio Products, a manufacturer of commercial radio accessories for public safety equipment. From January 2005 to August 2007, he served as Executive Vice President Operations of the Land Mobile Division of Vertex Standard Inc., a company that designs, manufactures and sells communications equipment for commercial land mobile, amateur radio and general aviation applications. From April 2002 to June 2004, Mr. George served as Chief Operating Officer, Chief Technical Officer and President of the Wireless Communications Division of Bizcom U.S.A., Inc., a public company specializing in emergency management software solutions and wireless communications systems. Prior to joining Bizcom, Mr. George was in private practice providing consulting services to participants in the wireless industry. From June 2000 to June 2001, he was Executive Vice President of Operations for Securicor Wireless, Inc., a large mobile radio network provider. Mr. George was the co-founder and served as Executive Vice President and Chief Technical Officer of ComSpace Corporation, formerly known as Unique Technologies, International, L.L.C., a wireless technology development company from February 1994 to June 2000. From November 1983 to February 1994, Mr. George served as Vice President, Director of Operations, and Commercial Communications Division of Uniden America. A member of the Institute of Electrical and Electronic Engineers for more than 22 years, he holds several patents relating to wireless technology and networks.
| Organization | Position | Status |
|---|---|---|
| Powerwave Technologies, Inc. | Board of Directors | Current |
| Institute of Electrical and Electronics Engineers, Inc. | member | Former |
Eugene L. Goda, 73, has been a member of Powerwave's Board of Directors since November 1995. From June 1997 to March 2000, Mr. Goda served as Chairman of the Board, President and Chief Executive Officer of Objectshare Inc., a software company. From October 1991 to October 1995, Mr. Goda served as Chief Executive Officer of Simulation Sciences, Inc., a software company. From July 1989 to September 1991, he served as Chief Executive Officer of Meridian Software Systems.
| Organization | Position | Status |
|---|---|---|
| Powerwave Technologies, Inc. | Director | Current |
Age 45. Mr. Avis has been a director of IMPAC since February 1998. Mr. Avis is a Managing Partner of Summit Partners, L.P., a private equity and investment firm, where he has been employed since the firm s founding in 1984. Currently, Mr. Avis also serves as a director of Ditech Communications Corporation, a telecommunications equipment company and Powerwave Technologies, a developer and manufacturer of radio frequency power amplifiers for wireless communications applications. Mr. Avis holds an M.B.A. degree from Harvard Business School and a B.A. degree in Political Economy from Williams College.
| Organization | Position | Status |
|---|---|---|
| Pathologyoutlines.Com, LLC | Director of Impac | Current |
| RightNow Technologies Inc. | Thomas W. Kendra Executive Officers | Current |
| Pathologyoutlines.Com, LLC | Chairman | Current |
| Powerwave Technologies, Inc. | Director | Current |
| Improved Packaging Consolidating Corp. | Director | Current |
| National Outdoor Leadership School | Board of Directors | Current |
| Williams College | Board of Directors | Current |
| The James Irvine Foundation | Board of Directors | Current |
| Ditech Networks Inc. | Board of Directors | Current |
| RightNow Technologies Inc. | Board of Directors | Current |
| Ditech Communications Corporation | Board of Directors | Former |
| Globe Wireless Inc. | Investor | Former |
| Powerwave Technologies, Inc. | Investor | Former |
| Vertical Communications, Inc. | Investor | Former |
| Impac Medical Systems, Inc. | Investor | Former |
| BD Biosciences Clontech | Investor | Former |
| RightNow Technologies Inc. | Investor | Former |
| Harvard Business School | M.B.A. Degree | Former |
| Harvard University | B.A. Degree | Former |
| Williams College | B.A. Degree In Political Economy | Former |
| Summit Accelerator Fund | member | Former |
John L. Clendenin, 73, was Lead Director from February 2005 to October 2007. Mr. Clendenin was non-executive Chairman of the Board of Directors of Powerwave from January 3, 1999 to February 2005 and has been a member of the Board of Directors since May 1998. Mr. Clendenin is a Chairman Emeritus of BellSouth Corporation, a telecommunications holding company. He served as Chairman of the Board of BellSouth until December 31, 1997 and as President and Chief Executive Officer from 1984 until his retirement at the end of 1996. Prior to BellSouth, Mr. Clendenin was President of Southern Bell from April 1981 to December 1983. He also serves on the Board of Directors of Equifax Inc., Acuity Brands, Inc., The Kroger Company and The Home Depot, Inc.
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Board of Directors | Current |
| The Kroger Co. | Board of Directors | Current |
| Powerwave Technologies, Inc. | Board of Directors | Current |
| Southern Bell | President | Former |
| Powerwave Technologies, Inc. | Lead Director | Former |
| Powerwave Technologies, Inc. | Non-Executive Chairman of The Board of Directors | Former |
| BellSouth Corporation | Chairman | Former |
| Coca-Cola Enterprises Inc. | Board of Directors | Former |
| The Home Depot, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Microware Systems Corporation | Current | |
| Muanalysis, Inc | Board of Directors | Current |
| Powerwave Technologies, Inc. | Board of Directors | Current |
| Synqor Inc. | Board of Directors | Current |
| Management Consulting Incorporated | Director | Current |
| Street Online Services, Inc. | Board of Directors | Current |
| RadiSys Corporation | Board of Directors | Current |
| Street Online Services, Inc. | Committee Member | Current |
| RadiSys Corporation | Member | Current |
| Coresim | Chief Executive Officer | Former |
| Lytica Inc | President and CEO | Former |
| RadiSys Corporation | CEO | Former |
| Nortel | Chief Procurement Officer | Former |
| Manugistics Group, Inc. | Director of Eircom Group | Former |
| American Microsystems, Inc. | Former | |
| Bell Northern Research | Former | |
| Nortel Networks Corporation | Former | |
| Lightbridge, Inc. | Chairman of the Board | Former |
| Adexa Inc. | Director | Former |
| Corrent Corporation | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Powerwave Technologies, Inc. | Board of Directors | Current |
Moiz M. Beguwala has served as one of SiRF's directors since September 2000. Since March 2004, Dr. Beguwala has been an independent consultant. From December 2002 to June 2003, Dr. Beguwala served as SiRF's acting Chief Executive Officer. From January 1999 to February 2004, Dr. Beguwala served as Senior Vice President and General Manager Wireless Communications of Conexant and most recently as a Senior Vice President of Conexant. From 1973 to December 1998, Dr. Beguwala held various positions at Rockwell Semiconductor Systems, Inc. Dr. Beguwala is a director of Skyworks Solutions, Inc., a publicly traded company. Dr. Beguwala holds a B.S. in electrical engineering from the University of California, Los Angeles, an M.S. and a Ph.D. in electrical engineering from the University of Southern California and an executive M.B.A. degree from the Anderson School of Management at the University of California, Los Angeles.
| Organization | Position | Status |
|---|---|---|
| SiRF Technology Inc. | Board of Directors | Current |
| Rf Magic, Inc. | Director | Current |
| Skyworks Solutions, Inc. | Director | Current |
| Powerwave Technologies, Inc. | Board of Directors | Current |
| SiRF Technology Inc. | Acting Chief Executive Officer | Former |
| Entropic Communications, Inc. | CTO | Former |
| Conexant Systems, Inc. | Senior Vice President | Former |
| Rockwell International Corporation | Vice President | Former |
| Wireless Communications Inc. | Vice President | Former |
| Conexant Systems, Inc. | General Manager | Former |
| Rockwell International Corporation | General Manager | Former |
| Wireless Communications Inc. | General Manager | Former |
| SiRF Technology Inc. | Independent Consultant | Former |
| Conexant Systems, Inc. | Executive Employee | Former |
| ArvinMeritor, Inc. | Former | |
| University of Southern California | Ph.D. in Electrical Engineering | Former |
| University of California, Berkeley | Ph.D. in Electrical Engineering | Former |
| Anderson School of Management | M.S. | Former |
| University of California, Los Angeles | B.S. In Electrical Engineering | Former |
| Technion-Israel Institute of Technology | BS and MS degrees in Electrical Engineering | Former |
| Anderson School of Management | B.A. Degree | Former |
Ronald J. Buschur, 45, became Chief Executive Officer of Powerwave and a member of the Board of Directors in February 2005. Mr. Buschur joined the Company in June 2001 as Chief Operating Officer. In May 2004, Mr. Buschur became President of the Company. Prior to joining the Company, Mr. Buschur held various positions at HMT Technology/Komag, an independent supplier of thin-film disks, including President and Chief Operating Officer from 1999 to 2000, Vice President of Sales, Marketing and Quality Assurance from 1997 to 1999 and Vice President of Quality Assurance from 1994 to 1997. From 1993 to 1994, Mr. Buschur was Director of Quality at Maxtor, a disk drive company. Mr. Buschur held various managerial positions at Digital Equipment Corporation, a computer manufacturer from 1987 to 1993.
| Organization | Position | Status |
|---|---|---|
| Powerwave Technologies, Inc. | Board of Directors | Current |
| Powerwave Technologies, Inc. | Chief Executive Officer | Former |
| Maxtor Corporation | Director of Quality | Former |
| Organization | Position | Status |
|---|---|---|
| SACOR3D, Incorporated | Director | Current |
| Powerwave Technologies, Inc. | Board of Directors | Current |
| Nexgenix, Inc. | Board of Directors | Current |
| NextCard, Inc. | Board of Directors | Current |
| SACOR3D, Incorporated | Founder | Former |
| SACOR3D, Incorporated | Chairman | Former |
Executive News
-
Ditech Networks and Lamassu Holdings LLC Settle Proxy Contest
-
Powerwave Wins INTERNET TELEPHONY`s 2009 WiMAX Distinction Award
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Powerwave Wins INTERNET TELEPHONYs 2009 WiMAX Distinction Award
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Powerwave Garners TechAmerica High-Tech Innovation Award
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Powerwave Technologies Posts 1Q Results
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Powerwave Technologies Posts 1Q Results
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