BATM

Last updated
BATM Advanced Communications Ltd.
Company type Public
LSE:  BVC
Industry Communication systems, Medical devices
Founded1992;32 years ago (1992)
Headquarters
Key people
Zvi Marom CEO
Products Broadband networks Solutions [ buzzword ], Fibre optic networking, Medical diagnostic solutions [ buzzword ], Video recording
RevenueIncrease2.svg US$ 134.4 million (2008)
Increase2.svg $ 24.4 million (2008)
Increase2.svg $ 24.0 million (2008)
Number of employees
450 (2008)
Subsidiaries Telco Systems, Vigilant Technology, Resolute Networks
Website www.batm.com   OOjs UI icon edit-ltr-progressive.svg

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.

Contents

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 [ buzzword ], 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
Industry Telecommunications equipment
Founded1972
Headquarters,
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
Website 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 [8] 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. [9] 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. [10]

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 Dec Revenue (US $m) EBIT (US $m) Net profit (US $m)
2008134.46223.86024.459
200796.95216.60320.097

See also

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References

  1. Alalof, Eliav (27 October 1999). "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. Globes.
  2. "Netanyahu Now High-Tech Consultant". Los Angeles Times . Associated Press. 3 August 1999. Retrieved 20 September 2012.
  3. Freund, Oren (19 September 2012). חברת העבר של בנימין נתניהו נרשמה למסחר בבורסה בת"א [Past company of Benjamin Netanyahu listed for trade on the Tel Aviv Stock Exchange]. TheMarker (in Hebrew). Retrieved 16 March 2010.
  4. World Access Completes Sale Of Telco Systems., PR Newswire, retrieved 2009-10-30[ dead link ]
  5. BATM Advanced Communications Ltd. completes acquisition of Resolute Networks (PDF), retrieved 2009-10-30[ permanent dead link ]
  6. Vigilant Technology Ltd. - Company Profile, Financial Times
  7. BATM Makes Offer to Purchase Vigilant Technology , retrieved 2009-10-30
  8. "Lightwave Online - Better backhaul with MPLS to the cell site". May 1, 2012.
  9. "World Access Completes Sale Of Telco Systems". April 10, 2000.
  10. Chen, Xiangming (1996). "Taiwan Investments in China and Southeast Asia: "Go West, but Also Go South"". Asian Survey. 36 (5): 447–467. doi:10.2307/2645493. ISSN   0004-4687.
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