Aricent Group

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Aricent
Type Private
Industry Communications, Software Engineering
Founded 1991 (as Hughes Software Systems)
Headquarters Redwood City, CA, USA
Key people Frank Kern (CEO & Board Member)
C.P. Murali (President & COO)
Products Design Services, R&D Services, Communications software, Networking software, Data Communications software, Multimedia software, Mobile software, Billing Mediation Software, Multimedia Codecs
Employees 12,000+ [1]
Website www.aricent.com

Aricent is a global innovation[clarification needed] and technology services company. The company develops software and provides technology services to application, infrastructure, and service providers with operations in 19 countries worldwide.

The company claims to be one of the largest privately held companies in Silicon Valley, with 800 customers, and employs more than 10,000 consultants, designers, and engineers at 36 locations worldwide.[2] The company licenses its own software products for use in telecommunications design, manufacturing, and service with 40+ years' design experience through frog, including products for Apple, Disney, GE, HP, Sony, and many other Fortune 500 brands. Aricent has been ranked as 17th in the Top 20 IT services export firms in India in terms of total revenue in the 24th annual survey conducted by Dataquest, CyberMedia group journal in July 2010.[3] Aricent Technologies is ranked #19 in Indian IT companies and overall #451 in the Fortune India 500 list in 2011.[4]

Aricen Group is the successor to Hughes Software Systems, which was established in 1991, as well as Flextronics Software Systems, which was created in 2004 after the parent company's acquisition. In 2006, Flextronics sold 85% of the company to Kohlberg Kravis Roberts (KKR)[5] and Sequoia Capital.[6] Flextronics retained 15% ownership.[7]

Frog, acquired by Flextronics in 2004, is a company of the Aricent.

History[edit]

  • 1991: Established as Hughes Software Systems (HSS) in New Delhi developing software solutions in the areas of VSAT-based networks for voice and data, cellular wireless telephony, packet switching, and multi-protocol routing.
  • 1995: Moved to Electronic City, Gurgaon, a suburb of New Delhi, India.
  • 1998: Established a development center in Bangalore, India to develop software for the Internet and Internet Protocol-based solutions and applications.
  • 1999: Began a voice-over-packet business, went public via India's first book building issue, and opened several offices in the U.S.
  • 2000: Opened offices in the U.K. and Germany.
  • 2001: Opened offices in Japan
  • 2003: Established a wireless equipment development center in Nuremberg, Germany.
  • 2004: Was acquired by Flextronics, and changed its name to Flextronics Software Systems
  • 2004: Acquired frog design for approximately $25 million.[8]
  • 2005: Expanded development operations in Kiev, Kherson and Vinnytsia in the Ukraine; Randburg, South Africa; and Beijing, China. Was delisted from India's stock market in preparation for sale.[9]
  • 2006: Was acquired by Kohlberg Kravis Roberts and Sequoia Capital as part of a $900 million sales of software companies.[10] The transaction represented the largest private equity buy-out in Indian history.[11]
  • 2006: Renamed Aricent with headquarters in New Jersey.
  • 2008: The Family Office, a multi-family office company with headquarters in Bahrain also joined in funding Aricent.[12]
  • 2009: Aricent Approved for Latest CMMI Level 5 Certification.[13]
  • 2011: Rebranded to Aricent Group.[14]
  • 2013: Rebranded to Aricent.

Products[edit]

The products group at Aricent is one of the market leaders providing enabling software to leading telecommunication companies all over the world. Aricent licenses more than 125 software frameworks to equipment manufacturers, device manufacturers and service providers, including:

Clients[edit]

Aricent lists large telecommunications clients, while others come from consumer electronics, financial services, energy, healthcare, data equipment manufacturers, device makers, and service providers, including:

Standards Organizations[edit]

Aricent is a contributing member of standards bodies in the communications industry, including:

Board of directors[edit]

  • James H. Greene, Jr.
  • Joe Forehand
  • Nathaniel H. Taylor
  • Brittany Bagley
  • Arun Sarin

See also[edit]

Footnotes[edit]

  1. ^ "About Us" (Webpage). Aricent. Retrieved 2010-08-01. 
  2. ^ "About Us". Aricent. Archived from the original on 31 July 2010. Retrieved 2010-08-01. 
  3. ^ "Top 20 IT services exports firms in India". rediff.com. Archived from the original on 20 July 2010. Retrieved 2010-07-19. 
  4. ^ "Fortune India 500 complete list". 
  5. ^ "KKR Current Investments". KKR. Archived from the original on 2006-08-25. Retrieved 2006-10-26. 
  6. ^ "Aricent - Sequoia Capital". Sequoia Capital. Archived from the original on 10 November 2006. Retrieved 2006-10-26. 
  7. ^ "Aricent Debuts As Communications Software Pure Play". KKR. Archived from the original on 2006-10-31. Retrieved 2006-10-26. 
  8. ^ "One Great Leap for Frog Design". BusinessWeek. Retrieved 2010-03-04. 
  9. ^ "Flextronics Proposes Acquision of Flextronics Software Systems Limited Shares" (PDF). Flextronics. Retrieved 2010-03-04. [dead link]
  10. ^ "Aricent - Sequoia Capital". Sequoia Capital. Archived from the original on 10 November 2006. Retrieved 2006-10-26. 
  11. ^ "Buyout deal by KKR is India's largest ever". International Herald Tribune. Archived from the original on 24 October 2006. Retrieved 2006-10-31. 
  12. ^ "Aricent Announces New Funding from KKR and The Family Office". Aricent. Archived from the original on 9 October 2008. Retrieved 2008-09-23. 
  13. ^ "Aricent Approved for Latest CMMI Level 5 Certification". Aricent. Retrieved 2009-01-21. 
  14. ^ "Rebranded to Aricent Group". Aricent. Retrieved 2011-05-21. 
  15. ^ "AriCloud". Aricent. 
  16. ^ "Aricent's Social Media Federation". Aricent. 

References[edit]

http://www.aricent.com/about/press/aricent-unveils-new-strategic-brand-positioning-becomes-aricent-group.html

External links[edit]