June 28, 2017 4:02 AM ET

Communications Equipment

Company Overview of Feeney Wireless, LLC

Company Overview

Feeney Wireless, LLC, an M2M products and services company, specializes in fixed and mobile cellular-based wireless solutions. Its products include modems and mobile gateways; routers; Varasight covert and wireless IP surveillance products; Device Management System, a hosted Software-as-a-Service platform for M2M applications; power-distribution products; Edge C3, a command, control, and communications platform for remote sensor applications; and mobile ready office that setups, deploys, and connects various devices, such as VoIP phones, fax machines, computers, cameras, or Wi-Fi or ethernet devices. The company also offers Crossroads, an adaptable IoT application framework to monitor, analy...

1505 Westec Drive

Eugene, OR 97402

United States

Founded in 1999

Phone:

541-685-9045

Fax:

541-284-0030

Key Executives for Feeney Wireless, LLC

Chief Executive Officer and President
Founder and Chairman
Chief Financial Officer
Age: 63
Chief Technology officer
Compensation as of Fiscal Year 2016.

Feeney Wireless, LLC Key Developments

Inseego Corp. Enters into Twelfth Amendment to Credit and Security Agreement with Novatel Wireless, Inc., Enfora, Inc., Feeney Wireless, LLC

On March 20, 2017, Inseego Corp. entered into a Twelfth Amendment to Credit and Security Agreement with Novatel Wireless, Inc., Enfora, Inc., Feeney Wireless, LLC (FW and, together with Novatel Wireless and Enfora, the Borrowers), R.E.R. Enterprises, Inc., Feeney Wireless IC-DISC, Inc. and Wells Fargo Bank, National Association (the Lender), which amends that certain Credit and Security Agreement, dated as of October 31, 2014 (as amended, modified and supplemented from time to time, the Credit Agreement). With the Amendment, made at the request of the Borrowers, the Lender has made certain borrowing amounts and financial accommodations available to the Borrowers in order to enable draw-downs by the Borrowers from time to time. In exchange for amending and updating the financial covenants with respect to liquidity requirements and EBITDA targets, among other things, the Amendment also decreased the aggregate amount available under the revolving credit facility from $48.0 million to $10.0 million, and increased the applicable margin to 4.00% when interest is based on the daily three month LIBOR rate and 1.50% when interest is based on the prime rate.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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