Infinera

#4644

Rank

$1.58B

Marketcap

United States

Country

Leadership team

Mr. David W. Heard (CEO & Director)

Dr. David F. Welch Ph.D. (Co-Founder, Chief Innovation Officer & Director)

Ms. Nancy L. Erba (Chief Financial Officer)

Products/ Services

Information Technology, Internet, Optical Communication, Service Industry, Telecommunications

Number of Employees

1,000 - 20,000

Headquarters

Sunnyvale, California, United States

Established

2000

Company Registration

SEC CIK number: 0001138639

Revenue

Above - 1B

Traded as

INFN

Social Media

URL

https://www.infinera.com

Overview

Location

Recognition and Award

References

Summary

Infinera Corporation provides optical transport networking equipment, software, and services worldwide. The company's product portfolio includes Infinera Groove series for modular and sled-based platforms to support a various transport network applications; Infinera 7300 series, an SDN-ready coherent optical transport system; Infinera FlexILS open optical line system that connects various Infinera and third-party terminal equipment platforms over long-distance fiber optic cable providing switching, multiplexing, amplification, and management channels; and Infinera 7090 and 7100 series for transport platforms. It also offers Infinera XTM series, a packet-optical transport platform that enables metro connectivity solutions; Infinera XTC series, a multi-terabit packet optical transport platforms that integrates digital OTN switching and optical WDM transmission; Infinera mTera series, a network transport solution; and Infinera XT series, a platform that is designed to power cloud scale network services over metro, DCI, long-haul, and subsea networks. The company provides Infinera Cloud Xpress Family that is designed to meet the needs of internet content providers (ICPs), communication service providers, internet exchange service providers, enterprises, and other large-scale data center operators; and ICE-XR Coherent Pluggable Optics. It also offers Infinera Transcend software suite; and system software and customer support services. The company also serves telecommunications service providers, ICPs, cable providers, wholesale carriers, research and education institutions, large enterprises, and government entities. It markets and sells its products and related support services primarily through its direct sales force. The company was formerly known as Zepton Networks. The company was incorporated in 2000 and is headquartered in San Jose, California.

History

Infinera was founded in 2000 as Zepton Networks by Drew Perkins, Jagdeep Singh and David Welch.

It raised its first round of funding in April 2001. The startup remained in stealth mode until its first products were launched in 2004, although a few early media articles did describe the company's component technology - a photonic integrated circuit in indium phosphide.Underwritten by Goldman Sachs, Infinera went public on NASDAQ in 2007, raising $182 million.David Welch was recognized in 2013 with the JJ Thomson Medal for Electronics, an award from the Institution of Engineering and Technology for his role as a pioneer in the field of optical devices, including PICs, and optical networks.On August 14, 2013, DANTE and Infinera announced that they had set a Guinness World Record by provisioning 8 terabits per second of long-haul capacity on the GÉANT network from Vancis in Amsterdam, Netherlands to GlobalConnect in Hamburg, Germany in 19 minutes and 1 second using Infinera's DTN-X packet optical transport platform.In August 2015, Infinera acquired Transmode, a supplier of metro packet-optical networking systems based in Stockholm, Sweden, following an offer made in April 2015. Transmode shareholders received a mix of cash and Infinera shares, giving a total equity value for Transmode of about $350 million.On July 23, 2018 Coriant entered into a definitive agreement to be acquired by Infinera. This acquisition was closed on October 1, 2018, positioning Infinera as one of the largest vertically integrated optical network equipment providers in the world.

Mission

Infinera Mission Statement. Earn a superior return by enabling our customers to build and operate the world's best optical networks.

Vision

Leading the industry in optical and digital intelligence that drives better service delivery, increases efficiency and reduces cost for their customers.

Key Team

Mr. David L. Teichmann (Chief Legal Officer & Corp. Sec.)

Mr. Nicholas R. Walden (Sr. VP of Worldwide Sales)

Mr. Michael H. Fernicola (Chief Accounting Officer)

Mr. Amitabh Passi (Head of Investor Relations)

Mr. Russ Esmacher (Sr. VP of Strategy, Marketing & Corp. Devel.)

Mr. Brett Hooper (Chief HR Officer)

Mr. Alexander Derecho (Sr. VP of Global Services)

Recognition and Awards

Infinera has been the recipient of many awards, such as the Technology Pioneer Award from the World Economic Forum, the Red Herring Top 100 award for technology innovation, Frost & Sullivan’s Best Practices Award for Customer Value, and Best of Interop for System Management.