ADVA Optical Networking

ADVA Optical Networking SE
Societas Europaea
Traded as FWB: ADV
Industry Telecommunications equipment
Headquarters Martinsried, Germany
Key people
Brian Protiva (CEO), Nikos Theodosopoulos (Chairman of the supervisory board)
Products Wavelength division multiplexers, carrier Ethernet access products, network management software
Revenue 514.5 million (2017)
€4.4 million (2017)
-€4.2 million (2017)
Total assets €464 million (end 2017)
Total equity €227 million (end 2017)
Number of employees
1,894 (end 2017)
Website www.advaoptical.com

ADVA Optical Networking SE is a European telecommunications vendor[1] that provides network equipment for data, storage, voice and video services. ADVA Optical Networking has a global workforce of over 1,800 employees and its Fiber Service Platform (FSP) has been deployed in more than 250 carriers and 10,000 enterprises.[2]

Corporate history

The factory in Meiningen

ADVA Optical Networking was founded in Germany in 1994 by Brian Protiva. It established its headquarters in Martinsried near Munich and its first production facility in Meiningen. Funded by Egora Holding,[3] the company’s initial focus was on the development of wavelength division multiplexing technology, designed to provide enterprises, including banks, insurance firms and utilities, with high-bandwidth network connectivity.

Acquisitions

In 2014, ADVA Optical Networking acquired Oscilloquartz. Following the purchase, ADVA continued to expand and develop Oscilloquartz’s portfolio of end-to-end synchronization technology. In 2016 ADVA’s acquired Overture. The move expanded its cloud access solution portfolio and extended ADVA’s customer base for cloud access solutions that can be served with a differentiated NFV software architecture. In 2017, ADVA Optical Networking acquired its US rival, MRV in an effort to increase its cloud access portfolio and strengthen its Network Edge portfolio. Following the acquisition, one MRV executive: Scott St. John, was appointed to ADVA’s board.

Market share

In 2009, Infonetics Research listed ADVA Optical Networking as the industry leader (#1 position) in the Ethernet Access Device (EAD) space with a market share of 20 percent,[4] Based on 2008 revenues. This market strength is also reflected in the WDM space, where Infonetics Research also listed ADVA Optical Networking as the #3 metro WDM provider in the Europe, Middle East and Africa (EMEA) region, as well as #4 both globally and in North America.[5]

Recent history

In 2016 ADVA’s annual revenues surpassed half a billion euros, achieving a peak of 556.7 million euros.

References

  1. "Fibre Systems Europe". Archived from the original on 2008-11-15. Retrieved 2010-01-08.
  2. "Fibre Systems Europe". Archived from the original on 2010-01-31. Retrieved 2010-01-08.
  3. "Egora Holding". Archived from the original on 2003-02-14. Retrieved 2010-01-08.
  4. "Infonetics Research – "Carrier Ethernet Equipment", April 6, 2009".
  5. "Infonetics Research – "Optical Network Hardware: Quarterly Worldwide and Regional Market Share, Size and Forecasts: 3Q09," December 4, 2009".
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.