PHY Wireless™ Launched to Address Today’s Real World Cellular Location, Capacity Challenges
PHY Wireless announced it has separated from its parent, Acorn Technologies. The spin-off will allow PHY Wireless to become a leading pure play provider of high performance accurate positioning mobile solutions for carriers, chip makers, IoT module manufacturers, application service providers and end users.
“We are very enthusiastic about this step in our transformation, creating PHY Wireless,” said Tom Horgan, CEO of Acorn Technologies. “Our team has worked diligently over many years to focus our technology innovations through proof of concept, to commercial ready solutions. We have strong design-win momentum across our core product line, excellent relationships with key tier-one wireless operators, focused commercialization launch plans, and an investable business model with a clear focus on PHY Wireless’ positioning mobile solutions – where we see the greatest growth opportunities.”
“PHY Wireless is uniquely positioned to capitalize on the growing location of things market and will provide the technology and services necessary to add location intelligence to a wide range of existing and new applications,” said Steven Caliguri, VP of PHY Wireless. “The technology has been engineered for the toughest minimal IoT situation, leading to a very small footprint, requiring the least network resources and device power of anything in the marketplace. This will allow IoT module makers and wireless chip makers to meet the aggressive targets for LPWA IoT solutions in terms of cost, power and performance.”