nCentric acquires iMinds spin-off Meshbone
Ghent and Bruges (Belgium) – 22 January 2014
Meshbone, a Flemish start-up company that has matured within the iMinds business incubation program, has been acquired by nCentric Inc. nCentric – a fast-growing provider of offshore network solutions (particularly for the oil, gas and dredging industries) – will integrate Meshbone’s wireless mesh technology in its roadmaps, as a basis for future expansion.
Originating from an iMinds - University of Antwerp research project, Meshbone addresses the
challenge of providing wireless network coverage in large, hard-to-reach geographic areas.
Leveraging ‘wireless mesh’ network technology, Meshbone’s solutions enable wireless access points
to talk to one another so that any message can ‘hop’ from one node to the next, until it finally
reaches its destination. The need for wireline (inter)connections between the access points is thus
removed, the installation of which is often cumbersome and expensive.
In the framework of iMinds’ iStart incubation program, Meshbone evolved to become a credible
player with a mature technology, its unique value proposition being its business case: contrary to
competitive solutions, Meshbone’s approach is purely software-based – which makes it quickly and
easily adaptable to customers’ specific needs. That made Meshbone the ideal partner for nCentric, a
fast-growing provider of offshore network solutions, headquartered in Bruges (Belgium), which was
looking to extend its knowledge of intelligent mesh technology to support its further expansion.
nCentric provides network solutions to support communication between ships and oil/gas rigs – or
between ships that are operating in the vicinity of these rigs. Our customer database includes major
players such as Shell, BP America and Dredging International,” says Mitch De Geest, CEO of nCentric.
“We were already working with Meshbone to provide our customers with an end-to-end solution,
but in order to continue our international expansion more rapidly, we needed to gather all solution
components in-house. The Meshbone technology is thus instrumental to our future growth.
nCentric Inc. specializes in the design and deployment of large-scale wireless mesh networks. Unlike
competing mesh products that use either single or dual radios, nCentric's solutions support up to
eight radios per node, providing dedicated high-speed wireless bandwidth for backhaul ingress,
backhaul egress, and client connectivity.
nCentric's approach ensures the highest throughput and lowest latency over the greatest number of
wireless hops, ensuring the highest performance for voice and video applications over the mesh,
while enabling easy and cost-effective future network expansion. More
iMinds, Flanders’ digital research center, combines the forces of its 800+ researchers at five Flemish
universities (such as the University of Antwerp) for conducting strategic and applied research in
areas such as ICT, Media and Health. Together with its research partners (companies, governments
and non-profit organizations), iMinds translates digital know-how into concrete products and
services. In addition, iMinds supports researchers, young entrepreneurs and start-ups in the
successful market introduction of their ideas. More information: www.iminds.be
- Mitch De Geest, CEO nCentric; firstname.lastname@example.org; +32 476 97 36 48
- Nik Van den Wijngaert, Co-Founder Meshbone; email@example.com; +32 495 28 78 80
- Wim Van Daele, iMinds Press Relations; firstname.lastname@example.org; +32 9 331 48 23