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ADVA Optical Networking - Company Report
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Company Reports are concise reports that provide a review of the company's activities, corporate strategy and recent developments.
ADVA Optical Networking develops, manufactures, markets, and sells Optical+Ethernet-based networking solutions to telecommunications carriers and enterprises to deploy, manage, and deliver data, storage, voice, and video services in metropolitan areas. Its flagship Fibre Service Platform (FSP) is a highly scalable, multi-service optical transport and access solution featuring a rich set of Ethernet features, which is used by telecommunications service providers, financial institutions, automobile manufacturers, insurance companies, high-tech companies, government agencies, and universities worldwide. As of June 2007, ADVA Optical Networking solutions had been deployed at more than 200 global carriers and service providers and 10,000 enterprises around the world. ADVA Optical Networking commenced operations in 1994 as ADVA Integration Service und Entwicklugg von optischen Systmen und Komponenten GmbH. On January 25, 1999, the shareholders agreed to transform the company into a stock corporation, and it subsequently launched an IPO on the Frankfurt Stock Exchange. Since that time, the company has operated under the name ADVA Optical Networking. As of June 30, 2007, the EGORA Group held a 13.8% equity stake in ADVA Optical Networking, with the remaining shares on a free float.
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