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June 25, 2009

GENBAND Celebrates 10th Anniversary


By Raju Shanbhag SIP Trunking Report Contributor



GENBAND, a global supplier of IP gateways, session border controllers and FMC security solutions, recently announced that the company was celebrating its 10th anniversary of operations.

 
The company was founded in 1999 as General Bandwidth. In 2003, the firm achieved its first major milestone as it teamed up with Alcatel for BPON/GPON voice solutions. The company became GENBAND in March 2006 and unveiled its IMS Product Portfolio at the same time. Since then, the company has acquired various other companies such as Siemens Switch Division and Technologies, Tekelec Switching Solutions Group, and NextPoint Networks.
 
In a statement issued on the eve of anniversary, the company said it could become a powerful homegrown media gateway technology provider in a short time under the guidance of Mr. Vogt, who was appointed CEO in September 2004.
 
“GENBAND’s 10-year trajectory, particularly since we hired Charlie, has been relentlessly focused on market leadership,” said Dr. Jon Bayless, GENBAND’s chairman of the board and general partner of Seven Rosen Funds, in a statement. “Today we congratulate the GENBAND family on a very successful decade. We see incredible opportunities in facilitating cost-effective migration of fixed and mobile networks to converged next generation architectures such as IMS and LTE.”
 
The go-to-market strategy employed by the company turns competitors into partners by de-focusing on the company’s non-gateway product offerings where competing or overlapping technologies exist. The company has successfully secured business with more than 60 of the world’s top 100 network service providers, and partnered with eight of the world’s largest telecom equipment manufacturers. Currently, the annual revenue of the company stands at nearly $150 million.
 
Recently, Infonetics had announced that GENBAND holds the No. 1 market share position worldwide in trunk media gateways. According to Infonetics, although the first quarter was a difficult quarter for the industry, GENBAND’s trunk media gateway shipments and revenue growth stood out in this period. GENBAND recorded highest increases in revenue and shipments and its achievements in this period were worth considering.

Raju Shanbhag is a contributing editor for TMCnet. To read more of Raju’s articles, please visit his columnist page.

Edited by Amy Tierney
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