DragonWave Restructures, Rebrands as DragonWave-X
Wednesday, August 22, 2018 | Comments

DragonWave-X announced that following the Transform-X acquisition of packet microwave radio manufacturer DragonWave via receivership in the fourth quarter of 2017, the company restructured. The rebranded company — DragonWave-X — plans full-scale business operations in the microwave backhaul radio market.

In addition to the elimination of the legacy liabilities and debt, the restructuring included sizable reductions in redundant positions and the elimination of low-return subsidiaries and nonstrategic offices located internationally.

DragonWave-X will shift its headquarters to Dallas during the next several months, and the company’s primary internal sales focus will be on the Americas with global sales through its channel partners. Several new channel partners in negotiations will expand the distribution of best-in-class DragonWave-X radio equipment to growth regions. In addition, the company is planning its “Buy American Act” manufacturing model to serve key U.S. government customers who require supply and support from within the U.S. to meet their buying criteria.

“The corporate mandates of on-time delivery, value-based product pricing and service excellence are part of our commitment to provide high-reliability, carrier-grade, best-in-class radios; rapid response support; and personal service that have characterized the company with our customers and partners,” said Mike Powell, executive vice president, strategy. “With the foundational restructuring complete and the ongoing effort to ensure that the quality of product, production, delivery and service is at the highest industry standard, the company is ready to relaunch the delivery phase with a view to fill its back orders and pipeline business during the coming weeks and months, while also bringing to market new, disruptive technologies within our product portfolio.”

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