Loughborough wireless technology firm recognised for rapid growth
Loughborough, UK - 7th September 2015 - CommAgility has been rated as one of the UK's fastest-growing technology companies in the Sunday Times Hiscox Tech Track 100.
The Tech Track 100 lists the UK's private technology, media and telecoms companies that have achieved the biggest growth in sales in the last three years. CommAgility achieved 89th position in the list, with average annual sales growth of 46%.
Edward Young, managing director at CommAgility, said: "Being listed in the Tech Track 100 is a great achievement for CommAgility, and a testament to the skills and commitment of our staff."
This latest award adds to the company's success in the 2013 Queen's Award for Enterprise, when it received the award for International Trade, as well as its placements in the Deloitte Technology Fast 50 in 2012 and 2013.
Based at Loughborough University's Science and Enterprise Park, CommAgility exports globally, with customers in over 15 countries including the USA, China, South Korea, India, France, Germany and Japan. It recently completed the acquisition of MIMOon GmbH, a software vendor for LTE small cells and terminals.
The Tech Track 100 league table and awards programme is sponsored by Hiscox, Barclays, BDO and Business Growth Fund and compiled by Fast Track, the Oxford-based research and networking events firm.
CommAgility is an award-winning, world-leading developer of embedded signal processing and radio modules for 4G and 5G mobile network and related applications. We design the latest DSP, FPGA and RF technologies into compact, powerful, and reliable products based on industry standard architectures. Our customers around the world integrate CommAgility products into high performance test equipment, specialised radio and intelligence systems, R&D demonstrators and trial systems. We are highly flexible and work closely with our key customers to meet their technical needs and to support them through development into volume production. CommAgility was honoured with a Queen's Award for Enterprise in International Trade in 2013, and featured in the Deloitte UK Fast 50 list of fastest growing technology companies in 2012 and 2013.
In March 2015, CommAgility acquired MIMOon GmbH, headquartered in Duisburg, Germany, a leading licensor of LTE Software IP for mobile devices & wireless infrastructure. MIMOon's portfolio of products includes Physical Layer and Protocol Stack (mi!SmallCellPHY and mi!SmallCellSTACK) for Small Cells, Physical Layer and Protocol Stack for terminals (mi!MobilePHY and mi!MobileSTACK), advanced scheduler for small cells (mi!SmallCellSPECTRUM) and IP development in the areas of advanced PHY algorithms on multi-core SDR platforms.
High-resolution images for press are available at www.commagility.com/press.
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