 About Wesley
Clover Solutions
Wesley Clover Solutions was
formed to meet the growing demand from financial
trading firms for expertise in managing the transition
from legacy to next-generation IT solutions.
We help customers realize the potential
of new technologies while reducing risks, complexity
and costs.
We have deep domain expertise in financial
trading technology and experience installing and supporting
mission-critical real-time trading infrastructure.
Wesley Clover Solutions also draws
on resources of our parent company, Wesley Clover,
and industry-leading partners to deliver reliable,
flexible and cost-effective solutions to our customers.
Corporate Background
Wesley Clover Solutions is a portfolio company of
Wesley Clover. Our mission as a systems integration
specialist in next-generation networking technologies
is to help our customers make a sensible migration
from legacy IT systems and realize the benefits of
new information technologies.
Wesley Clover was established in 1972 and is in the
business of building businesses using a disciplined
approach that leverages the experience and knowledge
gained by our principal, Terry Matthews, and a veteran
management team which collectively represents many
decades of experience in the networking and telecommunications
equipment industry.
Wesley Clover companies have access to guidance and
experience from an executive team of technology entrepreneurs,
managers and finance specialists. This allows new entrepreneurs
to focus on products and customers.
Today, Wesley Clover has significant investments
in 17 technology companies which represent more than
US$1.5B in annual sales and more than 2,000 employees
around the world.
With presence in the United Kingdom, Canada, Australia/New
Zealand, Hong Kong, China and New York, Wesley Clover
has developed a reputation as a truly world class organization.
Milestones
1972 |
Terry Matthews
establishes Mitel in Canada as a technology consultancy
to high-tech start-ups |
1974 |
Mitel introduces telephony tone receiver revolutionizing
this sector by radically reducing costs |
1976 |
Mitel acquires Siltex Semiconductors |
1978 |
Mitel enters semiconductor business and develops
the first microprocessor-based PBX (SX-200) quickly
becoming a market leader for small PBX |
1979 |
Mitel IPO on Toronto Stock
Exchange |
1981 |
Mitel IPO on NYSE |
1984 |
Mitel introduces SX-2000
PBX |
1985 |
51% of Mitel is acquired by British Telecom |
1986 |
Terry Matthews forms Newbridge
Networks to address emerging requirements in the
data networking industry |
1999 |
Newbridge achieves US$1.8B is sales, employing
6,500 people |
2000 |
Alcatel acquires 100% of
Newbridge for US$7.1B |
2001 |
Terry Matthews reacquires Mitel Networks |
2002 |
As a private company Mitel
invests heavily in next-generation IP platforms
addressing emerging broadband sector, introducing
Mitel 3300 IP-PBX |
2002-2005 |
Wesley Clover makes significant investments
in companies developing similar next-generation
networking products including: March Networks,
Ubiquity, Fractal Edge, Solace Systems, Enfis,
Natural Convergence, Convedia, New Heights Software,
Newport Networks, Sandvine, DragonWave, Inuk, Bridgewater
Technologies, Raseen Software and others |
2006 |
Launch Wesley Clover Solutions
to address emerging requirements from enterprises
for next-generation networking solutions |
|