Genband

GENBAND
Type Private
Industry Telecommunications
Founded Austin, TX (1999)
Headquarters Frisco, TX, USA
Area served Worldwide
Key people Charles Vogt (President and CEO)
Products IP switching
Application Server
Session Border Controllers
Media gateway
Multimedia Switching
Session Routing Proxies
Revenue 
US$ 700+ million (2010)[1][2]
US$ 134 million (2009)[3]
Employees 2200(2011)[4]
Website www.genband.com

GENBAND is a privately held company which makes IP multimedia application and infrastructure products and solutions for fixed wire line, mobile, and cable network service providers. The company was formed in 1999 as General Bandwidth and since 2010 is headquartered in Frisco, Texas.[5]

It has major operations in 50 countries and employs over 2,200 employees. GENBAND currently works with about 80 of the global top 100 network operators with global reach to over 80 countries.[6]

Contents

History

GENBAND was formed in 1999 as General Bandwith by Paul Carew, Brendon Mills, Ron Lutz and Steve Raich in Austin, Texas.[7] The company received initial funding of $12 million from venture capitalists and has been private since then.[7]

In 2004, Charles Vogt joined the company as CEO and President, and the company began to grow rapidly from 80 people to approximately 2,200 people today.[8] In March 2006, General Bandwidth changed its name to GENBAND, Inc. and moved its headquarters to Plano, Texas.[5] GENBAND started as media gateway vendor selling G6 media gateway,[9] but later branched out to IP switching, IP Applications, IMS [9] and Session Border Controllers.

Through multiple acquisitions, the company has expanded its product portfolio significantly. GENBAND has grown from $5 million in revenues in 2004 to the market share leader of the $2.5 billion carrier voice over IP industry[10] and has been recognized as an Inc. 5000 fastest growing company for five years in a row.[3] In year 2010 GENBAND had US$ 750 million in revenues.[11][12]

In 2007, GENBAND acquired Tekelec’s Switching Solutions Group, which expanded GENBAND’s product offerings in applications and SIP trunking gateways.[13] In 2008, the company acquired Nokia Siemens Networks’ Surpass HiG media gateway product portfolio, including fixed-line trunking media gateways.[14] The company concluded 2008 with the acquisition of NextPoint Networks, which included session border controller (SBCs) and security gateway offerings.[15]

In 2010, GENBAND purchased Nortel Networks's Carrier VoIP and Application Solutions (CVAS) business for $182.5 million. Nortel accepted its Stalking horse offer of $282 million,[16] with adjustments that decreased the net sale price to about $100 million, without a formal bidding process.[17][18] The acquisition quadrupled the size of the company and made GENBAND the market share leader in carrier voice over Internet Protocol (VoIP).[19][20][21] GENBAND challenged the price formula used and in August 2011 a Canadian court reduced the price by $25 million—bringing the final price to $157.7 million.[22]

Following the acquisition, GENBAND announced a product roadmap based on GENBAND GENiUS, a software centric, unified IP Switching and Networking platform,[23] which integrates the company's application, call control, session border and security products and simplifies building and managing networks.[24]

In 2011, GENBAND acquired Cedar Point Communications, increasing its no. 1 VoIP market share position in the cable industry.[25][26]

Products and Solutions

Acquisitions

References

  1. ^ "GENBAND Looks at Present, Future, Hints at IPO". TMCnet. November 14, 2011. http://www.tmcnet.com/topics/articles/238119-genband-looks-present-future-hints-ipo.htm. Retrieved November 14, 2011. 
  2. ^ Vogt, Charlie (November 14, 2011). GENBAND: One Platform, One Solution. Interview with Telecom Review. Telecom Review. http://telecomreviewna.com/index.php?option=com_content&view=article&id=17:enband-one-platform-one-solution&catid=34:issues&Itemid=67. Retrieved November 14, 2011. 
  3. ^ a b "Genband - Frisco, TX - The Inc.5000". Inc.com. October 18, 2011. http://www.inc.com/inc5000/profile/genband. Retrieved October 18, 2011. 
  4. ^ "GENBAND -> About Us". GENBAND. http://www.genband.com/about-us. Retrieved 2011-10-20. 
  5. ^ a b "GENBAND Inc". Bloomberg BusinessWeek. October 18, 2011. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=90396. Retrieved October 18, 2011. 
  6. ^ "GENBAND targets Africa’s telecoms operators". IT News Africa. August 5, 2011. http://www.itnewsafrica.com/2011/08/genband-targets-africa%E2%80%99s-telecoms-business/. Retrieved October 18, 2011. 
  7. ^ a b "General Bandwidth commands $12M". BizJournal. November 7, 1999. http://www.bizjournals.com/austin/stories/1999/11/08/tidbits.html?page=all. Retrieved October 18, 2011. 
  8. ^ Bernier, Paula (August 1, 2010). "Fueled By Nortel CVAS Deal, GENBAND Continues Its Ascent.". Internet Telephony. http://www.tmcnet.com/voip/columns/articles/99121-fueled-nortel-cvas-deal-genband-continues-its-ascent.htm. 
  9. ^ a b Vittore, Vince (March 6, 2006). "General Bandwidth expands, contracts, moves north". Connected Planet. http://connectedplanetonline.com/access/news/general_bandwidth_expands_030706/. Retrieved October 18, 2011. 
  10. ^ 2Q 2011 Worldwide Carrier VoIP Market Share Data Report (Report). Synergy Research. September 19, 2011. 
  11. ^ Bounds, Jeff (March 4, 2011). "Facetime: Charlie Vogt, CEO of Genband Inc.". Dallas Business Journa. http://www.bizjournals.com/dallas/print-edition/2011/03/04/facetime-charlie-vogt-ceo-of-genband.html?page=all. Retrieved October 25, 2011. 
  12. ^ "Exceptional, January–June 2011 Making the connection: GENBAND". Ernst&Young. http://www.ey.com/US/en/Services/Strategic-Growth-Markets/Exceptional--January-June-2011---Making-the-connection--GENBAND. Retrieved October 24, 2011. 
  13. ^ a b Bernier, Paula (March 20, 2007). "GENBAND to Buy Tekelec’s Switching Solutions Group.". Vision2Mobile. http://www.vision2mobile.com/news/2007/03/genband-to-buy-tekelec-s-switching-solutions-grou.aspx. Retrieved October 18, 2011. 
  14. ^ Lawler, Ryan (April 14, 2008). "Genband Gets a Gateway to NSN.". Light Reading. http://www.lightreading.com/document.asp?doc_id=150941&f_src=lightreading_FinancialContent.. 
  15. ^ Wilson, Carol (September 16, 2008). "GenBand acquires NextPoint.". Connected Planet. http://connectedplanetonline.com/voip/news/genband-acquires-nextpoint-0916/index.html. 
  16. ^ a b Le Maistre, Ray (December 23, 2009). "Genband Bids $282M for Nortel's VoIP Unit". Light Reading. http://www.lightreading.com/document.asp?doc_id=186124. Retrieved January 5, 2010. 
  17. ^ "Nortel Completes Sale of Carrier VoIP and Application Solutions Business to GENBAND" (Press release). Nortel Networks Corporation. May 28, 2010. http://www2.nortel.com/go/news_detail.jsp?cat_id=-8055&oid=100267654&locale=en-US&lcid=-1. Retrieved October 20, 2010. 
  18. ^ "Nortel to Sell Carrier VoIP and Application Solutions Business" (Press release). Nortel Networks Corporation. December 12, 2009. http://www2.nortel.com/go/news_detail.jsp?cat_id=-8055&oid=100264793&locale=en-US. Retrieved January 5, 2010. 
  19. ^ "42% jump in session border controllers (SBCs) boosts 2010 carrier VoIP market". Infonetics Research. February 17, 2011. http://www.infonetics.com/pr/2011/4Q10-Service-Provider-VoIP-Market-Highlights.asp. 
  20. ^ 4Q10 Service Provider VoIP Equipment and Subscribers (Report). Infonetics Research. March 3, 2011. 
  21. ^ Jean, Sheryl (December 23, 2009). "Plano's Genband bids $282 million for Nortel VoIP unit". Dallas Morning News. http://www.dallasnews.com/business/headlines/20091223-Plano-s-Genband-bids-282-1760.ece. 
  22. ^ "Courts OK Price Cut on Nortel, Genband Deal". Technology Marketing Corporation. Augutst 24, 2011. http://legal.tmcnet.com/topics/legal/articles/211355-courts-ok-price-cut-nortel-genband-deal.htm. Retrieved October 18, 2011. 
  23. ^ Karpinski, Rich (June 22, 2010). "Genband balances end-to-end, best-of-breed in post-Nortel product road map.". Connected Planet. http://connectedplanetonline.com/IP-NGN/news/genband-balances-post-nortel-062210/. 
  24. ^ Burt, Jeffrey (June 22, 2010). "Genband Integrates Nortel VOIP Products into Road Map.". eWeek. http://www.eweek.com/c/a/VOIP-and-Telephony/Genband-Integrates-Nortels-VOIP-Products-Into-Roadmap-437696. 
  25. ^ a b Baumgartner, Jeff (January 4,). "Genband Snares Cedar Point". Light Reading. http://www.lightreading.com/document.asp?doc_id=202559&site=lr_cable. Retrieved 2011-10-18. 
  26. ^ Denne, Scott (January 5, 2011). "Genband Buys Cedar Point in Stock Deal". Dow Jones VentureWire. 
  27. ^ a b Bernier, Paula (October 4, 2006). "GENBAND Acquires Technologies, DCO Product Line From Siemens Networks". Vision2Mobile. http://www.vision2mobile.com/news/2006/10/genband-acquires-technologies-dco-product-line-fr.aspx. Retrieved October 18, 2011. 
  28. ^ Harvey, Phil (August 30, 2006). "Genband Splashes Out for BayPackets". Light Reading. http://www.lightreading.com/document.asp?doc_id=102540. Retrieved October 18, 2011. 
  29. ^ Harvey, Phil (2006-03-06). "Genband on the Run". Light Reading. http://www.lightreading.com/document.asp?doc_id=90079. Retrieved October 18, 2011. 
  30. ^ "Syndeo Corp.". Light Reading. march 19, 2004. http://www.lightreading.com/document.asp?doc_id=49603. Retrieved October 18, 2011. 
  31. ^ Lawyer, Ryan (Aprik 18, 2008). "Genband Gets a Gateway to NSN". Light Reading. http://www.lightreading.com/document.asp?doc_id=150941&f_src=lightreading_FinancialContent. Retrieved October 18, 2011. 
  32. ^ Harvey, Phil (September 16, 2008). "Genband Scores NextPoint". Light Reading. http://www.lightreading.com/document.asp?doc_id=163849. Retrieved October 18, 2011. 

External links