Montreal's iBwave bought by Corning

MONTREAL - In-building wireless network designer iBwave Solutions Inc. has been acquired by Corning Inc., the companies said Wednesday. The terms of the deal were not released.Based in Montreal, iBwave’s software and professional services are used by more than 600 global telecom operators, system integrators and equipment manufacturers in more than 80 countries worldwide. A leader in materials science, Corning applies its expertise in specialty glass, ceramics, and optical physics to develop products for industries that include consumer electronics, telecommunications, transportation, and life sciences.Going forward, iBwave will be a wholly-owned subsidiary of Corning, reporting to Corning's Optical Communications business segment. iBwave...