Infinera
Company type | Public |
---|---|
Nasdaq: INFN Russell 2000 Component | |
Industry | Telecommunications |
Founded | 2000 | (as Zepton Networks)
Headquarters | , U.S. |
Key people | David Heard (CEO) David F. Welch (president) |
Products | Networking systems and products |
Revenue | $1.356 Billion (2020)[1] |
Number of employees | ~3,200[2] |
Website | infinera |
Infinera Corporation is a San Jose, California-based vertically integrated manufacturer of Wavelength division multiplexing (WDM)-based packet optical transmission equipment. It is also a manufacturer for IP transport technologies, for the telecommunications service provider market. It was a pioneer in designing and manufacturing of large-scale photonic integrated circuits (PICs).
The company sold hardware and software networking options for Tier 1 carrier, Internet content provider, cable operator, government, and enterprise networks.
In June 2024, Nokia acquired Infinera for $2.3 billion.[3]
History
[edit]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.[4] 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.[5]
Underwritten by Goldman Sachs, Infinera went public on NASDAQ in 2007, raising $182 million.[6]
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.[7][8]
On August 14, 2013, DANTE (Delivery of Advanced Networks to Europe, a research and education network) and Infinera announced that they had set a Guinness World Record by provisioning 8 terabits per second (Tb/s) 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.[9][10][11]
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.[12] Transmode shareholders received a mix of cash and Infinera shares, giving a total equity value for Transmode of about $350 million.[13][14][15]
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.[16]
Nokia acquired Infinera for $2.3 billion in a cash and stock deal in June 2024.[17]
Technology
[edit]Infinera pioneered the design and manufacturing of large-scale photonic integrated circuits.[18] Over 2000 patents have been filed by Infinera in fields including optical transport and the virtualization of optical bandwidth.[19][20]
The production efficiency of using monolithic integration with PIC has permitted Infinera to incorporate hundreds of advanced optical components into a small package to deliver capacity up to 800 gigabits per second (Gb/s) per wavelength.
This large throughput may be in excess of actual carrier requirements. Infinera has changed its business model to permit purchase of a 500 Gbit/s. line card by a carrier, but only switch on capacity in 100 Gb/second units of capacity. The company refers to this pricing model as "Cashflow-Efficient Instant Bandwidth" and has trademarked the term. The company's technology road map projects linecards' throughput to scale to 4 terabit and beyond.[21]
Business strategy
[edit]The company's business strategy has been based upon introducing of leading edge speeds, initially with 10 Gb/second, and as of 2013, 100 Gb/second and 500 Gb/second based upon Superchannels (or combining channels). These higher speed offerings are referred to as coherent super-channels. These higher level speeds are enabled by the use of photonic integrated circuits (PIC) which combine digital circuitry and photonic circuitry in a hybrid multi-layer (3-D) component.[18]
Real time virtualization of bandwidth represents a relatively new capability in optical transport networks. Previously, engineers would have to physically reconfigure equipment to provide for reallocation of bandwidth to different customers channels or services. Provisioning is exceptionally fast with PIC and virtualization.
Operations
[edit]As of July 2018, the company has its own fab in Sunnyvale, with component packaging occurring in Allentown, Pennsylvania, plus the former Transmode facility in Stockholm. For many of its products, Infinera designs and manufactures in-house the photonic integrated circuits (PICs), the ASIC chips, and the hardware and software systems, including operating and management systems and software-defined network (SDN) software to extend network virtualization into the optical layer. The company refers to its combined component development, product development and system manufacturing as vertically integrated.
The company announced in 2019, that it is moving its headquarters from Sunnyvale to San Jose. However, it plans to continue operating its fab from the Sunnyvale facility.[22]
Customers
[edit]Customers include Tier 1 domestic carriers, Tier 1 international carriers, MSO/cable operators, Internet content providers, incumbent carriers, research/education/government, and wholesale bandwidth providers.
See also
[edit]- GMPLS
- OTN
- Photonic integrated circuit
- Submarine communications cable
- Wavelength-division multiplexing
References
[edit]- ^ Infinera Revenue 2007-2021 | INFN
- ^ Infinera Corporation (INFN)
- ^ "Nokia to Buy Networking Company Infinera in $2.3 Billion Deal". www.bloomberg.com. Retrieved 2024-06-27.
- ^ Zepton Has an $86M War Chest, Light Reading, 14 December 2001. Accessed: 12 August 2015.
- ^ The Light Brigade appeared in Red Herring in 2002. Archived June 7, 2011, at the Wayback Machine
- ^ Infinera Corp. IPO raises $182 million, above range, Reuters, 6 June 2007. Accessed: 12 August 2015.
- ^ Infinera's Dr. David Welch Receives Prestigious Engineering Award From Institution of Engineering and Technology (Infinera news release), 20 November 2013. Accessed: 12 August 2015.
- ^ Infinera Co-founder Receives Engineering Award, Photonics.com, 20 November 2013. Accessed: 12 August 2015
- ^ "Infinera and DANTE Set Guinness World Record". Archived from the original on 2019-04-20. Retrieved 2021-04-07.
- ^ "Infinera Corporation | News & Events | Press Release | Infinera and DANTE Set Guinness World Record on GÉANT Network". Archived from the original on 2014-02-01. Retrieved 2014-01-25.
- ^ "Fastest provisioning of a long-haul fibre optic link". Guinness World Records. Retrieved 2021-04-07.
- ^ Morris, Iain (9 April 2015). "Infinera Makes $350M Offer for Sweden's Transmode". Light Reading. Retrieved 13 November 2015.
- ^ Transmode Shareholders Accept Infinera Buyout Offer NASDAQ RTT News, 14 August 2015. Retrieved: 24 September 2015.
- ^ "Transmode shareholders OK Infinera deal". Optics.org. 14 August 2015. Retrieved 16 October 2015.
- ^ "Transmode Shareholders Approve Infinera Takeover". Light Reading. 12 August 2015. Retrieved 13 November 2015.
- ^ [1], (Infinera news release), 1 Oct 2018
- ^ "Nokia to buy networking company Infinera in US$2.3 billion deal". The Business Times. 2024-06-28. Retrieved 2024-06-27.
- ^ a b Greene, Kate (January 1, 2007). "World's Fastest Optical Chip". MIT Technology Review. Retrieved 12 August 2015.
- ^ "Results of Search in US Patent Collection db for: Infinera: 340 patents". US Patent Database. Archived from the original on 25 January 2016. Retrieved 13 November 2015.
- ^ Google patent search on 12 August 2015 revealed 189; Freshpatents search for years 2009-2015, up to 12 August 2015, found 278 results.
- ^ Photonic Integration Archived 2014-02-01 at the Wayback Machine (Infinera white paper), 2013. Accessed 12 August 2015.
- ^ Big move: Tech company Infinera plans to shift HQ to San Jose from Sunnyvale, (The Mercury News), 9 Dec 2019
- Telecommunications equipment vendors
- Networking companies of the United States
- Networking hardware companies
- Companies based in Sunnyvale, California
- Companies established in 2000
- Companies listed on the Nasdaq
- Computer companies of the United States
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- Announced mergers and acquisitions