Corning Incorporated Acquires iBwave Solutions, a Vicente Capital Portfolio Company
LOS ANGELES, CA — (Marketwired) — 04/02/15 — Vicente Capital Partners (VCP) announced today its sale of iBwave Solutions, Inc. to Corning Incorporated (NYSE: GLW).The transaction generated a 2.5x return for the fund and its co-investors over an 18 month investment period. VCP led the investment in iBwave in 2013 and was accompanied by Farol Asset Management LP, a direct investment arm of New York State Common Retirement Fund which is also one of the larger investors in VCP–s Growth Equity F