Celiant

Developer of power amplifiers and base station subsystems for 2G and 3G wireless systems. In June 2002, Andrew Corporation (NASDAQ: ANDW) acquired Celiant, a private company whose investors included New Venture Partners and Pequot Capital.

“The New Venture Partners team was key to the success of Celiant at every stage in its lifecycle from finding the opportunity within Lucent's Wireless business unit though our successful exit. They supported us at every turn with everything from business plan development, to negotiating the IP and asset transfers from Lucent, to smoothly transferring over 100 employees from Lucent, to structuring OEM supply and contract manufacturing agreements with Lucent, to securing the growth capital Celiant needed to execute its business plan. New Venture Partners understands how to partner with large technology corporations and venture management teams and create win-win scenarios for all involved. ”
-Ralph Faison, Co-founder and CEO, Celiant & former CEO, Andrew Corp.