IBBAB was founded in 1973 as a company for medical device design and manufacturing and for contract design and construction of radar test systems.

The first medical device designed was a digitally controlled high frequency lesion generator. In 1979 a computer controlled lesion generator was designed (one of the first computerized HF surgical generators in the world), and produced for some Swedish hospitals. In 1982 the computerized, automatic bipolar coagulator, the Coa-Comp, was invented and this became the main product of the company for several years and it is still an important product for IBBAB.