Industry Telecommunications Area served Worldwide Founded 28 January 2010 | Traded as NASDAQ: AVNW Number of locations 44 Offices CEO Michael Pangia | |
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Predecessor Harris Stratex Networks Stock price AVNW (NASDAQ) US$ 15.40 +0.22 (+1.45%)2 Mar, 4:00 PM GMT-5 - Disclaimer Headquarters Santa Clara, California, United States Subsidiaries Telsima, Harris Stratex Networks Algeria SAR.L. Profiles | ||
Aviat Networks (NASDAQ:AVNW) is a global provider of microwave networking solutions, providing public and private operators with communications networks to accommodate the exploding growth of IP-centric, multi-gigabit data services.
Contents
- Customer profile and recent contracts
- Acquisitions
- Name and ticker symbol change
- Advanced IP migration
- References
Headquartered in Santa Clara, California, Aviat Networks also has operations in Africa, Asia and the Pacific Rim, Europe, Mexico, the Middle East, Russia and South America. Aviat relocated its corporate functions to Santa Clara from Morrisville, North Carolina, in June 2010.
The company was founded on January 29, 2007 with the merger of Harris Corporation’s Microwave Communications Division and Stratex Networks and incorporated under the name Harris Stratex Networks. The company renamed and rebranded itself to become Aviat Networks on January 28, 2010.
With approximately 1,000 employees worldwide, the company's CEO is Mike Pangia, who was appointed as CEO on July 18, 2011.
Customer profile and recent contracts
Aviat Networks customers include BT Group, Africell, Zain, Optus, Uninor, Hormuud Telecom, and Melita PLC.
Recent customer contracts include:
Acquisitions
In February 2009, Harris Stratex acquired Telsima, developer and provider of WiMAX Forum Certified products for use in next-generation broadband wireless networks, for $12 million. In September 2008, Harris Stratex announced a partnership agreement with Telsima for end-to-end 4G network solutions.
Name and ticker symbol change
On January 28, 2010, at the opening of the Nasdaq trading session, Harris Stratex Networks announced they have renamed their company to become Aviat Networks. Along with the name change the company unveiled new corporate branding with a new company logo and relaunch of the corporate website. The company also changed their NASDAQ ticker symbol to AVNW. The new symbol begun trading on the morning of January 29, 2010, retiring the old HSTX; this date also marked the company's third anniversary since incorporation.
Advanced IP migration
Simultaneous to the brand launch, Xchange Magazine reported that Aviat was focusing in on aiding the carrier transition from legacy to all-IP and LTE networks, and helping operators reach rural and underserved areas with wireless broadband. In support of these claims, Aviat announced a few weeks later at Mobile World Congress that it was adding cell site gateway functionality (normally provided by an external device) to the Eclipse Packet Node platform, making possible seamless TDM to IP backhaul migration. They explained that the gateway features were made possible by a plug-and-play Network Convergence Module (NCM), designed to fit in the Eclipse nodal indoor unit, giving wireless operators the choice to support legacy TDM traffic over an all packet backhaul network as an alternative to transporting TDM natively using a hybrid configuration.