Onex Communications develops communications components for optical networks.
Business Model: B2B
Revenue: $0
Employees: 1-10
Onex Communications was acquired by
TranSwitch.
The acquisition happend on 2001-09-23.
Details of the transaction were not public
Address:
City: Bedford
State: Massachusetts
Zip:
Country: United States
The global telecommunications marketplace has become increasingly competitive due to privatization and deregulation. As communications providers seek ways to compete more effectively and better leverage their infrastructure investments, additional pressure is brought to bear on telecom equipment vendors. The ability to deliver switching and transmission solutions that offer service providers increased flexibility and improved economics is the key to equipment providers’ success. ONEX Communications enables service providers to achieve service agility by providing telecom equipment vendors with the industry’s first System Silicon. ONEX Communications’ System Silicon gives established telecom equipment vendors the flexible migration path necessary for enabling existing products to support next-generation requirements. ONEX’s System Silicon also allows emerging telecom vendors to develop cutting edge carrier systems. System Silicon provides integrated switching, routing and transmission on silicon. Telecom equipment vendors realize unparalleled benefits by a reduction in cost, power, and space requirements to one tenth of existing piece-part solutions. Additionally, by enabling universal line cards and switch fabrics, ONEX Communications’ System Silicon reduces cost and system design complexity for its equipment vendor customers. Service providers also benefit with decreased operational costs and simplified provisioning. By implementing convergence at the component level, ONEX Communications’ System Silicon delivers dramatically improved design and development flexibility for telecom systems vendors. Accordingly, telecom systems vendors leveraging ONEX Communications System Silicon can deliver significant benefits to their service provider customers. For example, by enabling universal line cards and universal switching fabrics, service providers benefit from simplified provisioning, decreased inventory costs and flexible service migration for customers. ONEX Communications was honored with the prestigious "private company to watch" designation by the investment banking firm Robertson Stephens in its 2001 report on the Communications Semiconductor industry. IBM also selected ONEX Communications as the charter member of its "Rising Star" partner program. ONEX Communications is headquartered in Bedford, Massachusetts, within the heart of Massachusetts’ telecommunications corridor. ONEX Communications distributes its products through a direct sales force, and via a relationship with TranSwitch Corporation. Recognizing the importance of providing innovative, best in class solutions, ONEX Communications partners with industry leading businesses including IBM, Tensilica, WindRiver and others.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 10/2000 | Series B | 5 | $20M |
St. Paul Venture Capital Star Ventures The Seed Fund TranSwitch Venrock St. Paul Venture Capital Star Ventures The Seed Fund TranSwitch Venrock |
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