Company:Adtran

From HandWiki
Adtran, Inc.
TypePublic
NASDAQ: ADTN
FWB: QH9
S&P 600 component
SDAX component
ISIN[https://handwiki.org/wiki/index.php?title=Toollabs:isin/&language=en&isin=US00486H1059 US00486H1059]
IndustryTelecommunications, Fiber Networking, Voice and Data Equipment.
Founded1985; 39 years ago (1985)[1]
HeadquartersFlag of the United States.svg Huntsville, Alabama,[2] United States
Key people
Tom Stanton (CEO)
RevenueIncrease US$563.0 Million (FY 2021)[3]
Decrease US$-14.7 Million (FY 2021)[3]
Decrease US$-8.9 Million (FY 2021)[3]
Total assetsIncrease United States dollar 569.0 Million (FY 2021)[3]
Total equityDecrease United States dollar 357.1 Million (FY 2021)[3]
Number of employees
1405 [4]
ParentADTRAN Holding
Websitewww.adtran.com

Adtran, Inc., is an American Fiber Networking and Telecommunications company headquartered in Huntsville, Alabama.[5] It was founded in 1985.[citation needed]

History

Adtran was founded in 1985 by Mark C. Smith[6] and Lonnie S. McMillian,[7] and began operations in 1986, following the AT&T divestiture of the Regional Bell Operating Companies (RBOCs). It supplied network equipment to both the RBOCs and independent telephone companies in the United States.[8]

In 2011, Adtran acquired Bluesocket, a maker of enterprise Wi-Fi equipment based in Burlington, Massachusetts.[9]

In December 2011 Adtran announced a plan to buy the Broadband part from Nokia Siemens Networks.[10][11] In 2012 Adtran's closing of acquisition of the Nokia Siemens Networks Broadband division was finished.[citation needed]

In 2012, Adtran acquired Nokia Siemens Networks’ Broadband Access Business based in Germany.[12]

In 2016, Adtran acquired CommScope's active fiber business.[13]

In 2018, Adtran acquired connected home software provider SmartRG, a Vancouver, WA, based company that develops and provides carrier-oriented, open-source connected home platforms and cloud services for broadband service providers.[14]

In 2021, Adtran entered into a business combination with ADVA Optical Networks SE, a cloud and mobile services networking company based in Munich and Meiningen in Germany.[15]

In 2022, Adtran acquired the remaining shares of Cambridge Communication Systems (CCS) Limited, a developer of wireless backhaul and transport systems for small cells. It offers an mmWave Gigabit fiber extension system along with web-based management software for planning, configuring and monitoring networks.[16]

Locations

Adtran's corporate headquarters is located in Huntsville, Alabama, in Cummings Research Park.[5] It has international offices located in:[17]

  • Melbourne, Australia
  • Berlin and Greifswald, Germany
  • Hyderabad, India
  • Tel Aviv, Israel
  • Milan, Italy
  • Riyadh, Saudi Arabia
  • Bratislava, Slovakia
  • Tunis, Tunisia
  • Basingstoke, Hampshire, United Kingdom
  • Adastral Park, Ipswich, United Kingdom
  • Warsaw, Poland
  • Munich, Bavaria, Germany

Certifications

The company is certified for ISO 9001, ISO 14001, ISO 27001 and TL 9000.[18]

References

  1. ↑ "ADTRAN, Inc. (ADTN) Company Profile & Facts - Yahoo Finance". https://finance.yahoo.com/q/pr?s=ADTN. 
  2. ↑ About Us; TBE website; retrieved April 25, 2007
  3. ↑ 3.0 3.1 3.2 3.3 3.4 "ADTRAN, Inc. (ADTN) 2021 Annual Report Form (10-K)". https://www.sec.gov/ix?doc=/Archives/edgar/data/926282/000095017022002054/adtn-20211231.htm. 
  4. ↑ "Adtran Social". https://www.adtran.com/social. 
  5. ↑ 5.0 5.1 "2021 Adtran 10-K". 10-K. 2021. https://d18rn0p25nwr6d.cloudfront.net/CIK-0000926282/a68469be-e2eb-46c2-87a9-1e80a1b8ae37.pdf. 
  6. ↑ "Mark C. Smith". The Huntsville Times. March 29, 2007. http://obits.al.com/Huntsville/DeathNotices.asp?Page=LifeStory&PersonId=86989971. 
  7. ↑ "ADTRAN Co-Founder, Chairman Passes Away "
  8. ↑ "About Adtran". https://www.adtran.com/about. 
  9. ↑ "ADTRAN Acquires Bluesocket – Leading Innovator in Virtual Wireless LAN Solutions" (in en). August 9, 2011. https://www.businesswire.com/news/home/20110809005493/en/ADTRAN-Acquires-Bluesocket-%E2%80%93-Leading-Innovator-Virtual. 
  10. ↑ Maistre, Ray (December 12, 2011). "Adtran to Buy NSN's Broadband Unit" (in en). Light Reading. http://www.lightreading.com/dsl/adtran-to-buy-nsns-broadband-unit/240131046. 
  11. ↑ Wauters, Robin (December 12, 2011). "ADTRAN Buys Nokia Siemens Networks' Fixed Line Broadband Access Business (400 People)" (in en-US). https://techcrunch.com/2011/12/12/adtran-buys-nokia-siemens-networks-fixed-line-broadband-access-business-400-people/. 
  12. ↑ "ADTRAN to acquire Nokia Siemens Networks fixed line Broadband Access business". December 12, 2011. https://connect-world.com/adtran-to-acquire-nokia-siemens-networks-fixed-line-broadband-access-business/#:~:text=ADTRAN%C2%AE%2C%20Inc.%2C%20%28NASDAQ%3AADTN%29%2C%20a%20leading%20provider%20of%20next-generation,and%20associated%20professional%20services%20and%20network%20management%20solutions.. 
  13. ↑ "ADTRAN, Inc. Reports Record Results for the Second Quarter 2017 and Declares Quarterly Cash Dividend". https://investors.adtran.com/news-and-events/press-release-details/2017/ADTRAN-Inc-Reports-Record-Results-for-the-Second-Quarter-2017-and-Declares-Quarterly-Cash-Dividend/#:~:text=On%20August%204%2C%202011%2C%20we%20closed%20on%20the,the%20acquisition%20of%20CommScope%E2%80%99s%20active%20fiber%20business%20%28CommScope%29.. 
  14. ↑ "StackPath". https://www.lightwaveonline.com/business/mergers-acquisitions/article/16675940/adtran-acquires-connected-home-software-provider-smartrg. 
  15. ↑ "ADTRAN Holdings Announces Closing of Business Combination with ADVA". https://investors.adtran.com/news-and-events/press-release-details/2022/ADTRAN-Holdings-Announces-Closing-of-Business-Combination-with-ADVA/default.aspx. 
  16. ↑ "Cambridge Communication SystemsCambridge Communication Systems". https://craft.co/cambridge-communication-systems. 
  17. ↑ "Adtran 2021 Annual Report". https://s22.q4cdn.com/718573125/files/doc_financials/annual_reports/2021/2021_Annual_Report_.pdf. 
  18. ↑ "2021 10-K". October 21, 2022. https://d18rn0p25nwr6d.cloudfront.net/CIK-0000926282/a68469be-e2eb-46c2-87a9-1e80a1b8ae37.pdf. 

External links



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