IBSENtelecom Ltd. is a Norwegian registered company (Reg. No.: NO998546672). The company is a technology provider for optical wireless communication technology. Walter Kraus founded IBSENtelecom in 2009.
Seen from a historic perspective, IBSENtelecom has been one of the initiating players of Li-Fi technology worldwide. The company started in the field of advanced product concept development. When the company in 2011 was asked by a major mobile handset manufacturer to develop an optical wireless 1 Gbps USB connection, IBSENtelecom teamed up with three other companies for a joint development. As the mobile handset manufacturer stopped this development due to rapidly declining market shares (Apple competition), this group of companies formed the Li-Fi Consortium.