
Redline is a
multinational wireless communications
Wireless communication (or just wireless, when the context allows) is the transfer of information between two or more points without the use of an electrical conductor, optical fiber or other continuous guided medium for the transfer. The most ...
network designer and manufacturer headquartered in
Markham, Ontario
Markham () is a city in the Regional Municipality of York, Ontario, Canada. It is approximately northeast of Downtown Toronto. In the 2021 Census, Markham had a population of 338,503, which ranked it the largest in York Region, fourth largest ...
,
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tota ...
. It also maintains offices and operations in
Florida
Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, a ...
,
California
California is a state in the Western United States, located along the Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the most populous U.S. state and the 3rd largest by area. It is also the ...
,
Romania
Romania ( ; ro, România ) is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, Moldova to the east, a ...
and
Oman
Oman ( ; ar, عُمَان ' ), officially the Sultanate of Oman ( ar, سلْطنةُ عُمان ), is an Arabian country located in southwestern Asia. It is situated on the southeastern coast of the Arabian Peninsula, and spans the mouth of ...
.
Redline Communications develops and sells wide-area industrial networks that operate over wide geographic areas. Redline sells wireless terminals that provide TCP/IP transport for fixed, portable and full-motion terrestrial and seaborne deployments as well as software, tools and services.
Redline Communications’ products and technologies are used in a variety of markets and industries, including Oil and Gas, Military, Government and Telecom Service providers. The company's networks are sold directly to end customers, and its wireless terminals are sold indirectly though resellers.
History
Redline was founded in 1999. Redline's first product, the AN-50 point-to-point wireless Ethernet bridge, was launched in February 2002.
In October 2007, Redline Communications was listed on the Toronto Stock Exchange. While Redline's value grew quickly in its earlier years, growth tapered off shortly after their 2007
IPO
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
, with shares on the
Toronto Stock Exchange
The Toronto Stock Exchange (TSX; french: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in th ...
falling from a 2007 high of $6.50 to under $0.30 by 2009.
With the discovery of accounting irregularities in April 2010,
Redline’s stock was cease-traded. In August 2010 it restated its revenues for the four years 2006 to 2009.
Also in 2010, Redline Communications, along with KPMG LLP, its accountants at the time, was served with a class action lawsuit by investors alleging Redline overstated profits and downplayed costs in its financial statements. The case settled in Sept 2011 and in November 2011 the Ontario Superior Court approved the agreement of a $3.1 million payment by Redline Communications and $500,000 by KPMG, neither of which admitted liability.
Eric Melka, formerly president of Redline shareholder
Telemedia Inc., became the company’s permanent CEO in January 2011,
replacing the management team and reducing overall staff. The company’s market emphasis shifted to oil and gas which by the end of 2012 represented 50% of the company’s revenue. Melka's departure was announced in October 2012,
citing health reasons.
In December 2013, Robert Williams was appointed Redline CEO.
On September 9, 2014, Redline Communications announced its purchase of the assets of PureWave Networks for $2 million.
In July 2022, Redline Communications was acquired by
Aviat Networks
Aviat Networks (NASDAQ:AVNW) is a global provider of microwave transport and backhaul solutions, providing public and private operators with communications infrastructure to accommodate the growth of IP-centric, multi-gigabit data services.
Headq ...
and delisted from the Toronto Stock Exchange.
Patents and technology
Redline products are based on a Universal Wireless Technology (UWT) platform, a technology based on OFDM and developed by Redline. It serves as the foundation for a product family that operate both point-to-point and point-to multipoint to distribute high-capacity low-latency IP communications across wide areas and wide spectrum ranges.
Awards and recognition
Redline was ranked 88th on the Branham Group Inc's list of 2015 Top 250 Canadian ICT Companies and 6th on the list of 2015 Top Canadian Wireless Solutions Companies
In January 2013, Redline was awarded the 2012 BSI Canada Award of Excellence for successful application of international standards helping to achieve record profits two years ahead of schedule.
Redline was recognized as the Comeback Company of the Year for 2013 by BestinBiz
In November 2012, Redline RAS Nomadic Platform was recognized by the Fierce Innovations Award program as the winner n the category of Backhaul Innovation
See also
*
Mobile data terminal
A mobile data terminal (MDT) or mobile digital computer (MDC) is a computerized device used in emergency services, public transport, taxicabs, package delivery, roadside assistance, and logistics, among other fields, to communicate with a cen ...
References
{{reflist
External links
Redline Communications home page
Companies formerly listed on the Toronto Stock Exchange
Companies based in Markham, Ontario
Electronics companies of Canada