Transmode
{{Short description|Swedish computer networking company}}
{{Infobox
|above = Transmode
|label1 = Type | data1 = Public
|label2 = Traded as | data2 = NASDAQ OMX Stockholm: TRMO
|label3 = Industry | data3 = Telecommunications equipment
|label4 = Founded | data4 = 2000
|label5 = Headquarters | data5 = Stockholm, Sweden
|label6 = Key people | data6 = Tom Nyman (chairman of the board of directors), Karl Thedéen (CEO), Sten Nordell (chief technology officer)
|label7 = Products | data7 = packet-optical networking systems
|label8 = Revenue | data8 = SEK 1.01 billion (Jan-Dec 2012) {{cite web |url=http://www.transmode.com/en/investors/reports/interim-reports |title=Transmode : Interim Reports |publisher=transmode.com |accessdate=2013-05-09 |url-status=dead |archiveurl=https://web.archive.org/web/20150618134830/http://www.transmode.com/en/investors/reports/interim-reports |archivedate=2015-06-18 }}
|label9 = Net profit | data9 = SEK 139.2 million (Jan-Dec 2012)
|label10 = Employees | data10 = 270
|label11 = Website | data11 = http://www.transmode.com/
}}
Transmode, headquartered in Stockholm, Sweden, was a publicly listed provider of networking solutions, which enable fixed line and mobile network operators to cost effectively address the increasing capacity needs created.
Foundation and mission
The company's solutions serve as important building blocks in next-generation high-speed optical networks {{cite web|url=http://www.nyteknik.se/nyheter/it_telekom/allmant/article216299.ece |title=Fiberoptik lika hett som mobilt internet - NyTeknik / "Fiber optics as hot as mobile internet" Nyteknik – (Swedish "New Technology" web magazine)|language=sv |publisher=Nyteknik.se |date= |accessdate=2012-10-06}} that support services such as broadband backhaul, mobile data backhaul, video and cloud computing. Transmode focuses on providing solutions to customers in the metro networks segment, utilizing WDM technology and technology for packet optical transport.{{cite web|url=http://www.transmode.com/en/about-transmode/news-and-media/press-release/720-transmode-vidareutvecklar-native-packet-optical-2-0-arkitekturen |title=Transmode vidareutvecklar naive packet optimal 2.0 arkitekturen |publisher=transmode.com |date= |accessdate=2012-11-06}} Since May 2011, Transmode (as Transmode Holding AB) is listed on the NASDAQ OMX Stockholm {{cite web|url=http://www.nasdaqomxnordic.com/shares/microsite?Instrument=SSE82457|title=NASDAQ OMX Stockholm}} ticker identity TRMO.
History
The company was formed in March 2005 when two Stockholm-based private telecoms companies, Transmode Systems and Lumentis, merged to address renewed worldwide demand for scalable and low-cost optical networking solutions.{{cite web|url=https://www.lightreading.com/ethernet-ip/transmode-lumentis-merge/d/d-id/611756|title=Transmode, Lumentis Merge |publisher=LightReading|date= |accessdate=2005-03-23}} Transmode entered into the US market by winning a $1.5 million order from Stealth Communications for its NYC deployment.{{cite web|url=http://www.laserfocusworld.com/articles/2003/01/transmode-signs-walker-as-us-reseller.html|title= Transmode Signs Walker as US Reseller}}{{cite web|url=http://www.opticalkeyhole.com/eventtext.asp?ID=24106&pd=4/8/2002&bhcp=1|title=2- year old Swedish CWDM specialist Transmode appoints ex-Alcatel VP Olasoko as CEO}}{{Cite web|date=2002-10-11|title=Transmode Makes a Little Go a Long Way|url=https://www.lightreading.com/ethernet-ip/transmode-makes-a-little-go-a-long-way/d/d-id/584778|access-date=2022-02-19|website=Light Reading|language=en}}{{Cite web|date=2001-12-11|title=Swedes Cut Metro WDM Costs|url=https://www.lightreading.com/ethernet-ip/swedes-cut-metro-wdm-costs/d/d-id/577274|access-date=2022-02-19|website=Light Reading|language=en}}
In August 2015, Transmode was acquired by US corporation Infinera (following an offer made in April 2015), with shareholders receiving a mix of cash and Infinera shares, giving a total equity value for Transmode of about $350 million.[https://www.infinera.com/press-release/transmode-shareholders-accept-infinera_offer/ Transmode Shareholders Accept Infinera Offer] Infinera Press Release, 14 August 2015.