BATM explained

BATM Advanced Communications Ltd.
Location City:Mansfield, Massachusetts, USA,
Kfar Netter, Israel
Key People:Zvi Marom CEO
Industry:Communication systems, Medical devices
Revenue: US$ 134.4 million (2008)
Operating Income: $ 24.4 million (2008)
Net Income: $ 24.0 million (2008)
Num Employees:450 (2008)
Subsid:Telco Systems, Vigilant Technology, Resolute Networks

BATM Advanced Communications Ltd. (Baras Advanced Technologies Marom) is a technology company principally engaged in development, production and marketing of data and telecommunication products in the field of local and wide area networks, as well as the development, production and distribution of laboratory diagnostic equipment in the medical sector. The company is listed on the London Stock Exchange and is a constituent of the FTSE techMARK 100 Index.

History

BATM Advanced Communications was founded in 1992 by Dr. Zvi Marom and Greshon Baras as a bootstrap that grew into a multinational technology corporation; Initially focusing on developing high-performance communications equipment, mainly fibre optic networking, multiservice transport, access solutions, and integrated voice, video and data service.[1]

Between August 1999 and 2002 Benjamin Netanyahu served as a senior consultant for the company (after he left politics following his defeat in the 1999 Israeli general election).[2] [3]

Acquisitions

Telco Systems

Telco Systems, a BATM Company
Foundation:1972
Industry:Telecommunications equipment
Location City:Mansfield, Massachusetts
Location Country:United States
Area Served:Worldwide
Key People:Ariel Efrati - Telco Systems CEO and BATM COO
Zvi Marom - BATM CEO
Products:Carrier Ethernet, Mobile Backhaul, MPLS, Cloud networking, ATCA, Network management
Homepage:www.telco.com

Telco Systems is a manufacturer of telecommunications equipment, founded in 1972, headquartered in Mansfield, Massachusetts, and acquired by BATM in 2000. Telco Systems solutions focuses around four primary vertical marketscarrier cloud networking and cloud services, business Ethernet services, mobile backhaul[4] and AdvancedTCA (ATCA) switching blades.

History

In April 2000, BATM Advanced Communications acquired Telco Systems for $260.8 million in cash and 960,000 shares of BATM stock.[5] As a wholly owned subsidiary of BATM Advanced Communications, the company now has over 400 engineers and scientists through BATM's integrated research and development program between all its subsidiary companies. Since its founding in 1992, BATM has been involved in the design and manufacture of equipment for the telecommunications industry.[6]

Headquartered in Mansfield, MA, and Yokneam, Israel, Telco Systems has offices throughout the world including the United States, Germany, France, Singapore, and Australia.

Acquisitions of Telco Systems

Awards for Telco Systems

Financial Performance

Year to 31 DecRevenue (US $m)EBIT (US $m)Net profit (US $m)
2008134.46223.86024.459
200796.95216.60320.097

See also

Notes and References

  1. Web site: Alalof . Eliav . BATM Line - A small Israeli company making data communications products was launched on London's AIM in 1996 at a value of $60 million. Three years on, BATM's value is $1.7 billion. . 27 Oct, 1999 . 27 October 1999 . Globes.
  2. News: Netanyahu Now High-Tech Consultant . . 3 August 1999 . Associated Press . 20 September 2012.
  3. News: Freund . Oren . he:חברת העבר של בנימין נתניהו נרשמה למסחר בבורסה בת"א . http://www.themarker.com/markets/1.1826447 . . 19 September 2012 . He . Past company of Benjamin Netanyahu listed for trade on the Tel Aviv Stock Exchange . 16 March 2010.
  4. Web site: Lightwave Online - Better backhaul with MPLS to the cell site . May 1, 2012.
  5. Web site: World Access Completes Sale Of Telco Systems. April 10, 2000.
  6. Chen . Xiangming . 1996 . Taiwan Investments in China and Southeast Asia: "Go West, but Also Go South" . Asian Survey . 36 . 5 . 447–467 . 10.2307/2645493 . 0004-4687.
  7. Web site: Telco Systems acquires ANDA Networks' product portfolio. April 20, 2011.
  8. Web site: Frequently Asked Questions (FAQs) About Charles Industries' Sale of their Multiplexer Product Line. February 13, 2008.
  9. Web site: Networking startup acquired. January 2008.
  10. Web site: Integration of Metrobility with Telco Systems. 15 July 2006.
  11. Web site: Telco Systems Buys Integral Access. July 27, 2005.
  12. Web site: ATCA Summit. 2012.
  13. Web site: Broadband Communities Magazine. July 2012.
  14. Web site: Carrier Ethernet World Congress. October 12, 2011.
  15. Web site: ATCA Summit. 2011.