445:
On
December 2, 2020, Ribbon Communications sold the Kandy assets to AVCtechnologies. AVCT issued to Ribbon units of securities consisting of convertible debentures in an aggregate principal amount of approximately $ 45 million and warrants to purchase an aggregate of approximately 4.5 million shares
437:
Kandy is a cloud communications platform created by
Genband in September 2014. The Kandy platform includes Communications Platform as a Service (CPaaS) and Unified Communications as a Service (UCaaS) assets formerly known as NUViA. The platform also includes pre-built customer engagement tools, based
441:
Kandy was formed when GENBAND announced the launch of its real-time software development communications platform in
September 2014. Initially only focused on CPaaS, the scope of the platform was quickly expanded to include GENBAND's Nuvia UCaaS offer, rebranded Kandy Business Solutions (KBS). After
394:
Sonus
Networks, Inc. was founded in August 1997 by Jay Pasco-Anderson, Karl Schwiegershausen, Michael G. Hluchyj, Rubin Gruber and Tony Risica. Hluchyj was chief technology officer, Gruber served as president until November 1998, when Hassan M. Ahmed became CEO and chairman. There were no revenues
349:
On
February 12, 2013, Genband announced the launch of the NUViA Cloud offering which was their entry into the SaaS market. The NUViA Unified Communications as a Service (UCaaS) offering included HD voice, video, multimedia messaging, mobility, conferencing, Web collaboration, desktop clients, and
425:
On
December 13, 2013, Sonus agreed to acquire Performance Technologies Inc entered into a definitive merger agreement, under which Sonus will acquire PT for $ 3.75 per share in cash, or approximately $ 30 million. In 2014 Sonus acquired Performance Technologies, moving into the diameter signaling
417:
In
January 2001, Sonus acquired Anousheh Ansari's firm Telecom Technologies, Inc., in an all-stock deal. Sonus subsequently integrated TTI's soft switch technology INtelligentIP into its own packet telephony suite. In 2008, Richard Nottenburg joined as chief executive. A product called a network
345:
In 2012, Genband acquired Aztek
Networks, a switch maker specializing in hardware that allows for a smoother transition from legacy to IP networks. Genband was named the top-ventured capital backed company by the Wall Street Journal out of nearly 6,000 companies that were considered.
438:
on WebRTC technology, called Kandy
Wrappers. The platform offers white-labeled services to Communication Service Providers (CSPs) and Systems Integrators (SIs). As such, Kandy Partners typically sell these to their end customers under their own brands.
219:
Ribbon
Communications was founded in October, 2017, following the merger of Genband and Sonus Networks in May. Ray Dolan initially headed the combined company, while Walsh led the Kandy business unit. By December, Dolan, who had led Sonus since 2010, resigned.
198:
that makes software, IP and optical networking solutions for service providers, enterprises and critical infrastructure sectors. The company was formed in 2017, following the merger of Genband and Sonus Networks and is headquartered in
329:
assisted in financing. In June, 2010, Genband was re-incorporated as Genband, Inc, and disclosed an equity investment from executives and board members of about $ 4 million. In December, 2010 it moved its headquarters to
317:
product portfolio, including fixed-line trunking media gateways. The company concluded 2008 with the acquisition of NextPoint Networks, which included session border controller (SBCs) and security gateway offerings.
446:
of AVCT's common stock for an exercise price of $ 0.01 per share. On January 11, 2023, American Virtual Cloud and all of its affiliated subsidiaries, including AVCtechnologies and Kandy Communications, declared
421:
In August 2012, Sonus acquired Network Equipment Technologies, Inc., for approximately $ 42 million. The acquisition complemented their existing SBC line with the NET UX series for SIP Trunking and SIP-based UC.
1049:
264:
funding of $ 12 million. The company raised over $ 200 million in four rounds of venture funding and grew to over 200 people by 2003. In 2004, Mills resigned and was replaced as CEO by Charles Vogt.
714:
993:
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1189:
500:
480:
1602:
361:, voice and video services to their subscribers. Charles Vogt left Genband in 2013 and David Walsh added the CEO position to his other already held title of Chairman.
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In August 2020, AVCTechnologies announced an agreement to buy Kandy Communications Business. The transaction was completed in December 2020.
920:
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775:
617:
842:
245:
In February 2020, Bruce McClelland was named president, CEO and director. A years later, Ribbon moved its headquarters to Plano, Texas.
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Ribbon Communications was the combination of two companies, each of which had acquired other businesses over their history.
325:
carrier VoIP and application business for an estimated net $ 182 million after Nortel became bankrupt. Existing shareholder
227:
In January 2018, the company announced that its session border controllers would be used in the virtual network services of
1459:
466:
893:
760:
733:
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until the quarter ending in March 2000, with accumulated losses of about $ 50 million against $ 1.1 million revenues.
357:. Two years later, it announced the Fring Alliance, a community promoting communications service providers to provide
1322:
1271:"Kandy Celebrates Two Years of Significant Growth with a Differentiated Real Time Communications Platform Offering"
133:
442:
the 2017 merger Ribbon Communications maintained the Kandy offerings and Kandy sub brand for its cloud portfolio.
371:
In September 2014, Genband announced Kandy.io, cloud-based, real-time software support communications marketed as
386:. In September, 2016, pre-packaged software using the Kandy technology were announced, called "Kandy wrappers".
287:
1139:
715:"Ribbon Communications Inc. Announces Bruce McClelland as Its President, Chief Executive Officer and Director"
294:, with employees mostly in India). In October, 2006 it acquired the digital central office products known as
224:
was appointed as president and CEO of the combined organization and served in that role until November 2019.
1270:
411:
399:
283:
143:
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Also in 2013, Genband acquired Fringland Ltd., provider of the Fring! app, an over-the-top (OTT) mobile IP
365:
1050:"Genband buys Aztek Networks to bolster network transformation offering - FierceEnterpriseCommunications"
447:
372:
163:
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and messaging, and introduced unified communications products and services for business customers.
326:
291:
158:
674:
267:
In March 2006, General Bandwidth changed its name to Genband, Inc. and moved its headquarters to
51:
256:
General Bandwidth was founded in 1999 by Paul Carew, Brendon Mills, Ron Lutz and Steve Raich in
358:
279:
1219:
745:
350:
fixed and mobile convergence hosted from datacenters run by the company around the globe.
261:
301:
In 2007, Genband acquired Tekelec's switching group, which expanded product offerings in
407:
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221:
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138:
761:"Boston area tech company worth over $ 1B quietly relocated its HQ to Plano this year"
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for $ 486 million in cash and stock. The company completed the merger in March 2020.
47:
37:
429:
In 2016 Sonus Networks Inc., acquired Taqua expanding its soft switching portfolio.
306:
268:
200:
153:
105:
1509:"AVCtechnologies Completes Strategic Acquisition of Ribbon's Kandy Communications"
618:"Verizon Offers SBC as a Service with Ribbon as Part of Virtual Network Services"
295:
239:
235:
644:"Ribbon Communications announces completion of Edgewater Networks acquisition"
383:
450:. The company will continue to operate normally as 'debters-in-possession'.
290:. In August, 2006, Genband acquired Syndeo and Baypackets (headquartered in
594:"Ribbon Communications (RBBN) Announces Departure of CEO Franklin Hobbs"
501:"Sonus Networks, Inc. Announces Completion of Sonus and GENBAND Merger"
481:"Sonus Networks, Inc. Announces Completion of Sonus and GENBAND Merger"
382:'s "disruptor" list. In 2016, it was involved in a patent dispute with
228:
17:
994:"Genband Opens New Worldwide Corporate Headquarters in Frisco, Texas"
403:
322:
275:
43:
338:. In January, 2011, Genband acquired Cedar Point Communications in
180:
1555:
1485:"GENBAND's New Kandy PaaS Could Become The Uber of Biz App Design"
109:
467:"Ribbon Communications Number of Employees 2006-2021 | RBBN"
1348:"Sonus Networks Introduces New Version Of Network Border Switch"
379:
364:
In 2014, Genband acquired uReach Technologies, a provider of
334:, keeping its Plano campus as a design center. Both are near
278:
selling the G6 media gateway, but eventually branched out to
1164:"Genband Expands Reach in UC Market With uReach Acquisition"
522:"Sonus & Genband Finally Combine to Form $ 745M Company"
1460:"Genband's Kandy sweetens unified communications with PaaS"
1398:"Sonus to Acquire Performance Technologies | Light Reading"
690:"Former Arris CEO Bruce McClelland gets top job at Ribbon"
418:
border switch was announced in 2003, and updated in 2006.
1025:"Genband picks up Cedar Point for stronger VoIP position"
1523:"American Virtual Cloud Files for Chapter 11 Bankruptcy"
1115:"Fring Alliance Aims to Become Carrier VoIP Cooperative"
1190:"GENBAND Kandy: A Communications Platform as a Service"
894:"Genband Integrates Nortel VOIP Products into Road Map"
406:
with the symbol SONS. At the time (near the end of the
974:. US Securities and Exchange Commission. June 10, 2010
1302:. US Securities and Exchange Commission. May 24, 2000
1246:"Genband Wins Round 1 in Court Clash With Metaswitch"
776:"AVC Technologies Buys Ribbon's Kandy Communications"
670:"Ribbon Communications to buy ECI Telecom for $ 486m"
1446:"Genband Kandy: A New Development Platform Launches"
1323:"Nottenburg Joins Sonus Networks As Chief Executive"
402:(IPO), raising over $ 100 million. It was listed on
234:
In November 2019, Ribbon announced it would acquire
946:"Nortel to sell carrier VoIP businesses to Genband"
231:. In 2018 Ribbon also acquired Edgewater Networks.
175:
126:
116:
100:
82:
65:
57:
35:
1578:Companies based in Middlesex County, Massachusetts
972:"Form D: Notice of Exempt Offering of Securities"
574:"Fritz Hobbs to Lead Ribbon as President and CEO"
1588:Telecommunications companies established in 2017
1119:Communications and Technology Blog - Tehrani.com
548:"Ribbon Cuts Ties With Ray Dolan, Names New CEO"
1374:"Sonus Acquires Network Equipment Technologies"
8:
30:
1294:
1292:
790:"Mills Steps Down as General Bandwidth CEO"
29:
1593:Networking companies of the United States
1074:Needleman, Sarah E. (27 September 2012).
1076:"Genband's Technology Makes It a Winner"
921:"Genband Wins Nortel's Carrier VoIP Biz"
27:American communications software company
1603:Computer companies of the United States
1140:"GENBAND CEO Charlie Vogt to step down"
1101:"GENBAND Launches NUViA Cloud Offering"
458:
741:
731:
843:"Genband Splashes Out for BayPackets"
7:
1598:Telecommunications equipment vendors
1300:"Prospectus for Sonus Networks, Inc"
815:Richard Grigonis (August 29, 2006).
1244:Ray Le Maistre (January 20, 2016).
1188:Norman, Mike (September 26, 2014).
1000:. December 10, 2010. Archived from
868:"Genband buys Siemens DCO products"
774:Carter, Rebekah (12 August 2020).
378:In May 2015, Genband was named in
25:
919:Phil Harvey (February 24, 2010).
546:Iain Morris (December 14, 2017).
1422:"Sonus Snaps Up Taqua for $ 20M"
1321:William Gardner (May 21, 2008).
872:Fierce Enterprise Communications
309:. In 2008, the company acquired
841:Phil Harvey (August 30, 2006).
398:On May 31, 2000, Sonus had its
355:communications service provider
321:In May 2010, Genband purchased
1220:"Disruptor 50: No. 22 GENBAND"
1023:Tracy Ford (January 4, 2011).
1:
1573:Networking hardware companies
817:"GenBand: Retooling for IMS"
713:Inc, Ribbon Communications.
1608:Computer hardware companies
1194:The Virtualization Practice
1624:
763:. Dallas Business Journal.
520:Dan Jones (May 23, 2010).
288:session border controllers
192:Ribbon Communications Inc.
134:Session Border Controllers
88:; 7 years ago
222:Franklin (Fritz) W. Hobbs
1583:Westford, Massachusetts
1527:The Wall Street Journal
794:Austin Business Journal
412:Westford, Massachusetts
400:initial public offering
284:IP Multimedia Subsystem
271:. Genband started as a
260:, and received initial
144:Enhanced Voice Services
366:unified communications
311:Nokia Siemens Networks
168:(and related products)
52:Russell 2000 Component
1200:on September 27, 2014
448:Chapter 11 bankruptcy
410:), it was located in
373:platform as a service
307:SIP trunking gateways
215:Ribbon Communications
122:Bruce McClelland, CEO
31:Ribbon Communications
1277:. September 22, 2016
796:. September 20, 2004
678:. November 14, 2019.
340:Derry, New Hampshire
303:application software
181:ribboncommunications
149:Cloud Communications
1378:www.bizjournals.com
952:. December 23, 2009
327:One Equity Partners
292:Fremont, California
282:, IP applications,
32:
1529:. January 11, 2023
744:has generic name (
734:cite press release
719:www.prnewswire.com
624:. January 31, 2018
61:Telecommunications
1327:Network Computing
1029:RCR Wireless News
874:. October 5, 2006
650:. August 13, 2018
598:StreetInsider.com
359:instant messaging
189:
188:
164:Optical Transport
16:(Redirected from
1615:
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1558:
1556:Official website
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1538:
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1513:
1512:
1511:(Press release).
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1354:. August 2, 2006
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1196:. Archived from
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1052:. Archived from
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323:Nortel Networks'
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900:. June 22, 2010
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759:Womack, Brian.
758:
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724:
722:
721:(Press release)
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262:venture capital
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1548:External links
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1464:FierceWireless
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1004:on May 3, 2012
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821:www.tmcnet.com
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408:dot-com bubble
391:
390:Sonus Networks
388:
313:’ Surpass HiG
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196:public company
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1427:
1426:Light Reading
1423:
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1414:
1403:
1402:Light Reading
1399:
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1275:Press release
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1144:FierceTelecom
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1056:on 2016-03-04
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925:Light Reading
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648:Press release
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572:Sharma, Ray.
568:
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552:Light Reading
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315:media gateway
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