Avaya Inc. is a privately held global
provider of business communications and collaboration systems. The
international headquarters is in Basking Ridge, New Jersey, United States. The company provides contact centers, networking (routers, switches and other networking hardware), unified communications, and video products (integrated
hardware and software) solutions and services.In July and August 2000 interviews
reported that Avaya Communications would be created on October 1, 2000
when the unified communications and call center businesses left Lucent Technologies Inc. or Lucent enterprises. The spun off of
Avaya with 34,000 employees also received $400 million in capital from Warburg Pincus.Henry Schacht became the board chairman and the
first CEO was Don Peterson who was promoted from the CFO
position of Lucent.Avaya
had a stock symbol of "AV" and debuted at $20 a share.Since 2001, the company has sold, and
acquired several companies to support its current product set – Vista, VPNet.
Quintus, Routescience, Nimcat Networks, Spectel, Ubiquity Software, and
Traverse Networks. Sales through channels have grown from 98% direct to 50%
alternative channels. In 2003 Avaya sold its cabling unit to CommScope for $263 million to focus on its
phone gear and services businesses.In 2004 Avaya expanded in Europe through a $370 million
acquisition of Tenovis and in Asia through a majority
interest in Tata Telecom (now Avaya Global Connect).In 2006 Louis D'Ambrosio took over as the CEO and president of
Avaya.and on
Jan 12, 2007 they announced the acquisition of Ubiquity Software Corporation
for $144 million. Ubiquity develops SIP end-user applications.At the start of 2011 Avaya acquired
Konftel, a company founded in 1988 and headquartered in Sweden, to expand its
audio capabilities with the OmniSound system.Then in June 2011, Avaya filed with
the SEC to raise up to $1 billion in an initial public offering.On October 4, 2011, Avaya reported
that it was acquiring Sipera Systems for its session border controller (SBC)
functionality and UC security applications. On October 19, 2011 it was
reported that Avaya is buying Aurix.Avaya has been named the official telecommunication equipment
supplier for the 2014 Sochi Olympics.
Net income $ 874 million (2010)
Total assets $ 9.261 billion (2010)