| Type | Public |
|---|---|
| Industry | Semiconductor - Integrated Circuits |
| Founded | 1988 |
| Headquarters | Chatsworth, California, U.S. |
| Revenue | USD $263.9 Million (2010)[1] |
| Operating income | USD $12.6 Million (2010)[1] |
| Net income | USD $50.8 Million (2010)[1] |
| Total assets | USD $326.9 Million (2010)[1] |
| Total equity | USD $221.1 Million (2010)[1] |
| Employees | 743 (2010) |
| Website | [1] |
MRV Communications (NASDAQ: MRVC) is a communications equipment and services company based in Chatsworth, California. The company, through its business units, is a global provider of optical communications network infrastructure equipment and services to a broad range of telecom concerns, including multinational telecommunications operators, local municipalities, MSOs, corporate and consumer high speed G-Internet service providers, and data storage and cloud computing providers. As a single source provider of routing, Ethernet and optical transport equipment and services, MRV provides its customers with integrated network management, cost effective equipment and network integration services. MRV can also manage all aspects of evolving network architectures.
Contents |
MRV was founded in 1988 by Prof. Shlomo Margalit and Dr. Zeev Rav-Noy as a maker of Metro and Access optoelectronic components. MRV’s Metro and Access transceivers enable network equipment to be deployed across large campuses or in municipal and regional networks. To expand leadership, MRV established LuminentOIC, an independent subsidiary. LuminentOIC makes fiber-to-the-premises (FTTP) components, activity that was initiated by Rob-Goldman that founded the FTTx business unit in Luminant at 2001.
In the 1990s, MRV produced gigabit Ethernet switching, WDM and Optical Transport for Metro and campus environments. MRV began building switches and routers used by carriers implementing Metro Ethernet networks that provide Ethernet services to enterprise customers and multi-dwelling residential buildings. In 1998, MRV acquired Xyplex Networks, a producer of out-of-Band networking components.
On July 1, 2007, it completed its acquisition of Fiberxon, Inc.
On October 26, 2010, it announced the divestiture of Source Photonics, Inc. to Francisco Partners.
On November 3, 2010, MRV completed the acquisition of the remaining 40% interest in Tecnonet that it did not already own.
The business is conducted along two principal segments: the Network Equipment group and the Network Integration group.
MRV has sales offices in more than 20 countries and sells its products and services both directly and through channel partners with support from their sales forces. MRV conducts international operations in branch offices located in Argentina, Belgium, Brazil, China, Denmark, Finland, France, Germany, Israel, Italy, Mexico, the Netherlands, Norway, Russia, Singapore, Spain, Sweden, Switzerland, Taiwan and the United Kingdom.
MRV provides integrated secure network equipment and services connecting analog and digital data, voice, and video within buildings and across private networks located in multiple buildings such as college or corporate environments and in metropolitan and regional long-haul networks. At the access point to the network, MRV provides standard-based products, including Ethernet connectivity over telephone wires. Access speeds (data rates) vary, scaling up to Gigabits-per-second, and providing security features such as intrusion control and traffic rate control.
The products aggregate network traffic using standard protocols to interconnect high-speed networks. Additional features enable new services such as virtual private networks permitting remote private network access over the Internet and quality of service, permitting the ability to deliver time-sensitive data, control the bandwidth, set priorities for specific network traffic and provide an appropriate level of security.
For campus networks and metropolitan networks, where fiber optic cabling is not available, or cannot easily be deployed, MRV provides point-to-point connectivity using free-space optics (“FSO”) technology, a line-of-sight technology that uses lasers to provide optical bandwidth connections that can send and receive voice, video, and data information on invisible beams of light. These products can be deployed quickly carrying network traffic from building to building without digging up the street to install fiber optic cabling, or can be used in disaster recovery and back-up applications.
MRV also provides wave division multiplexing technology to expand the capacity of existing fiber optic infrastructure by enabling simultaneous transmission of information over multiple wavelengths on the same fiber optic strand. In addition, MRV provides network management systems that allow users and network administrators to control remote network elements, including network equipment, temperature and alarm sensors and power supply.
MRV competes directly with a number of established and emerging networking equipment companies. Direct competitors in networking products, switches and routers generally include ADVA Optical Networking, Alcatel, BATM Advanced Communications, BTI systems, Inc., Canoga Perkins Corp., Ciena, Cisco Systems, Cyan Optics, Inc., ECI Telecom Ltd., Ekinops SYS, Ericsson, Extreme Networks, Fujitsu, Huawei Technologies Inc., Nokia Siemens Networks BC, Omnitron Systems Technology, Imc., Optelian, RAD Data Communications, Ltd., Tellabs, Inc., Transition Networks and Transmode. Competition in the Network Integration group comes from other regional service providers in those markets.