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Transmode

Transmode
TypePublic
Traded asNASDAQ OMX Stockholm: TRMO
IndustryTelecommunications equipment
Founded2000
HeadquartersStockholm, Sweden
Key peopleTom Nyman (chairman of the board of directors), Karl Thedéen (CEO), Sten Nordell (chief technology officer)
Productspacket-optical networking systems
RevenueSEK 1.01 billion (Jan-Dec 2012) [1]
Net profitSEK 139.2 million (Jan-Dec 2012)
Employees270
Websitehttp://www.transmode.com/

Transmode, headquartered in Stockholm, Sweden, was a publicly listed provider of networking solutions, which enable fixed line and mobile network operators to cost effectively address the increasing capacity needs created.

Foundation and mission

The company's solutions serve as important building blocks in next-generation high-speed optical networks [2] that support services such as broadband backhaul, mobile data backhaul, video and cloud computing. Transmode focuses on providing solutions to customers in the metro networks segment, utilizing WDM technology and technology for packet optical transport.[3] Since May 2011, Transmode (as Transmode Holding AB) is listed on the NASDAQ OMX Stockholm [4] ticker identity TRMO.

History

The company was formed in March 2005 when two Stockholm-based private telecoms companies, Transmode Systems and Lumentis, merged to address renewed worldwide demand for scalable and low-cost optical networking solutions.[5] Transmode entered into the US market by winning a $1.5 million order from Stealth Communications for its NYC deployment.[6][7][8][9]

In August 2015, Transmode was acquired by US corporation Infinera (following an offer made in April 2015), with shareholders receiving a mix of cash and Infinera shares, giving a total equity value for Transmode of about $350 million.[10]

References

  1. ^ "Transmode : Interim Reports". transmode.com. Archived from the original on 2015-06-18. Retrieved 2013-05-09.
  2. ^ "Fiberoptik lika hett som mobilt internet - NyTeknik / "Fiber optics as hot as mobile internet" Nyteknik – (Swedish "New Technology" web magazine)" (in Swedish). Nyteknik.se. Retrieved 2012-10-06.
  3. ^ "Transmode vidareutvecklar naive packet optimal 2.0 arkitekturen". transmode.com. Retrieved 2012-11-06.
  4. ^ "NASDAQ OMX Stockholm".
  5. ^ "Transmode, Lumentis Merge". LightReading. Retrieved 2005-03-23.
  6. ^ "Transmode Signs Walker as US Reseller". 30 January 2003.
  7. ^ "2- year old Swedish CWDM specialist Transmode appoints ex-Alcatel VP Olasoko as CEO".
  8. ^ "Transmode Makes a Little Go a Long Way". Light Reading. 2002-10-11. Retrieved 2022-02-19.
  9. ^ "Swedes Cut Metro WDM Costs". Light Reading. 2001-12-11. Retrieved 2022-02-19.
  10. ^ Transmode Shareholders Accept Infinera Offer Infinera Press Release, 14 August 2015.

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