Type Public Founded 2000 Parent organization Infinera | Headquarters Sweden Number of employees 270 | |
Traded as NASDAQ OMX Stockholm: TRMO Industry Telecommunications equipment Key people Tom Nyman (Chairman of the Board of directors), Karl Thedéen (CEO), Sten Nordell (Chief Technology Officer) Products packet-optical networking systems Revenue SEK 1.01 billion (Jan-Dec 2012) | ||
Transmode systems in two minutes
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 by the rapid growth in video and data traffic.
Contents
Transmode enlighten optical network control 2 minute explainer video
Foundation & Mission
The company's solutions serve as important building blocks in next-generation high speed optical networks 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. Since May 2011, Transmode (as Transmode Holding AB) is listed on the NASDAQ OMX Stockholm 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. Transmode entered into the US market by winning a $1.5 million order from Stealth Communications for its NYC deployment.
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.