Teledata Networks was a global provider of
Access network
An access network is a type of telecommunications telecommunications network, network which connects subscribers to their immediate telecommunications service provider, service provider. It is contrasted with the core network, which connects l ...
solutions for
Telecom Service Providers. The company created solutions that enable service providers to migrate to Next Generation Networks (
NGN), and also support a
Triple Play
In baseball or softball, a triple play (denoted as TP in baseball statistics) is the act of making three out (baseball), outs during the same play. There have only been 739 triple plays in Major League Baseball (MLB) since 1876, an average of ju ...
service portfolio.
History
The company went bankrupt in 2013, but still providing support and maintenance in Brazil.
Teledata Networks was founded in 1981 as Teledata Communications Ltd. and listed on the
NASDAQ
The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...
in 1992 under the
ticker symbol
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded Share (finance), shares of a particular stock or Security (finance), security on a particular stock exchange. Ticker symbols are arrangements of symbols ...
TLDCF. In 1998 it was acquired by
ADC Telecommunications
ADC Telecommunications, Inc. was a communications company in Eden Prairie, Minnesota, a southwest suburb of Minneapolis. It was acquired by TE Connectivity (Tyco Electronics) in December 2010 and ceased to exist as a separate entity. ADC products ...
for $200 million and changed its name to ADC Teledata.
Since 2005 the company is a privately owned, in which the major shareholders are the Kardan group,
Elron Electronic Industries
Elron Ventures (formerly Elron Electronic Industries Ltd.) is an Israeli technology holding company based in Tel Aviv; since 1962 the company has been involved in setting up, funding and developing over 30 companies and is considered one of the ...
, Infinity Private Equity Fund - an Israeli-Chinese equity fund, and the company’s management and employees.
Customers
The company had an installed base of millions of lines in over 100 countries worldwide, including Germany (
Deutsche Telekom
Deutsche Telekom AG (, ; often just Telekom, DTAG or DT; stylised as ·T·) is a partially state-owned German telecommunications company headquartered in Bonn and the largest telecommunications provider in Europe by revenue. It was formed in 199 ...
), Turkey (
Türk Telekom
Türk Telekomünikasyon A.Ş. () is a state-owned Turkish telecommunications company. Türk Telekom was separated from Turkish Post (PTT) in 1995.
Türk Telekom Group provides integrated telecommunication services for PSTN, GSM, and wideband I ...
), Brazil (Brazil Telecom,
Telefonica &
Global Village Telecom), Chile (Telefonica), Mexico (
Telmex
Teléfonos de México, S.A.B. de C.V., known as Telmex is a Mexican telecommunications company headquartered in Mexico City that provides telecommunications products and services in Mexico. In 2014, Telmex was the dominant fixed-line phone carri ...
), Israel (
Bezeq
Bezeq () is an Israeli telecommunications company. Bezeq and its subsidiaries offer a range of telecom services, including fixed-line, mobile telephony, high-speed Internet, transmission, and pay TV (via Yes (Israel), Yes).
The company is tra ...
), South Africa (Telkom), Australia (
Telstra
Telstra Group Limited is an Australian telecommunications company that builds and operates telecommunications networks and markets related products and services. It is a member of the S&P/ASX 20 stock index, and is Australia's largest telecomm ...
), Serbia (
Telekom Srbija
Telekom Srbija a.d. Beograd is a Serbian state-owned telecommunications operator. It was founded in May 1997 as a joint-stock company, by spinning off the telecommunications business from PTT Srbija (present-day Pošta Srbije). In April 201 ...
,
Telenor
Telenor ASA ( or ) is a Norwegian majority state-owned multinational telecommunications company headquartered at Fornebu in Bærum, close to Oslo. It is one of the world's largest mobile telecommunications companies with operations worldwi ...
).
See also
*
Silicon Wadi
Silicon Wadi (, ) is a region in Israel that serves as one of the global centres for High tech, advanced technology. It spans the Israeli coastal plain, and is cited as among the reasons why, for some, the country has become known as the world ...
*
List of Israeli companies formerly quoted on NASDAQ
References
External links
*{{Official, http://www.teledata-networks.com/
ElronInfinity - Israeli-Chinese equity fund
Telecommunications companies of the Netherlands
Telecommunications companies of Israel