Acentury Closes 2020 with Revenue, Customer, and Employee Increases as One of Canada's Fastest Growing Companies

Mar 18, 2021

Acentury, a technology solutions provider that also develops products for wireless communication networks, today announced that the company closed 2020 with 20% year-over-year (YoY) revenue growth and a 15% increase in the number of key customers. The company grew its overall team by 40 percent and increased the R&D staff by 50% to reflect this ongoing growth. Acentury was named one of Canada's Top Growing Companies in 2020 for the second straight year by Globe and Mail's Report on Business. Acentury was also named on Canadian Business and Maclean's Growth List 2020 which ranks Canada's Fastest-Growing Companies for the second year in a row.

Acentury continues to invest in software and hardware product development. The company recently launched LAMTA, a software-based platform to help manage and run 3G/4G/5G lab testing from a remote location:

LAMTA_GIF1_RadioMgmt_compressed.gif

By abstracting radio cable connection management with an easy-to-use web-based GUI, lab managers no longer need to be physically in the lab to configure and run test scenarios after the initial connection setup. The company has seen a rise in market interest during the COVID period. Recent product updates include:

  1. Introduction of a lab resource management module

  2. New release of the advanced radio management interface

  3. Integration of three hardware vendor matrices

Acentury continues to innovate new passive network components that meet dynamic customer requirements. Here is a list of some low PIM combiners that were recently released in the market:

"2020 saw strong growth in our software products division," said Frank Ye, President of Acentury Inc. "We will continue to invest in RF-related software and hardware products to help accelerate innovation and support for global wireless communication networks."

About Acentury

Founded in 2007, Acentury is a technology solutions company that innovates, supplies, and produces products for wireless communication networks. Since becoming a recognized leader in wireless test and measurement solutions, Acentury has successfully launched several global product brands including Radiocomm, a passive network products division with industry-leading low PIM (-165dBc) technologies, and LAMTA, a software-based platform to help run and manage 3G/4G/5G lab test scenarios and lab resources.

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