Aricent

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Aricent Technologies (Holdings)
Type Private
Founded 1991 (as HSS)
Headquarters Palo Alto, California, USA
Key people Sudip Nandy: CEO
Sanjay Dhawan: President & COO, Communications Systems Division
Doreen Lorenzo: President & COO,
frog design
Mike Webb: VP & CIO
Patrick Joggerst: Sr. VP, Sales
Alex Ousatch: President, Aricent Eastern Europe
Industry Communications, Software Engineering
Products Design Services, R&D Services, Communications software, Networking software, Data Communications software, Multimedia software, Mobile software, Billing Mediation Software
Employees 8,000+ (Sep 2008)[1]
Website aricent.com

Aricent is a global innovation, technology and services company focused exclusively on communications. It offers a portfolio of services and products for the communications industry.Aricent has been a strategic supplier to the world's leading Equipment and Device Manufacturers as well as Communication Service providers.

Aricent, previously the software development and solutions business of Flextronics International Ltd., was launched following the acquisition of 85% of the business on September 4, 2006 by Kohlberg Kravis Roberts & Co. (KKR)[2] and Sequoia Capital.[3] Flextronics retained a 15% ownership and the transaction valued the entire business at approximately $900 million.[4] In September 2008, The Family Office, a multi-family office company with headquarters in Bahrain also joined in funding Aricent.[5]

Aricent is the successor of Hughes Software Systems, which was established in 1958. The company became Flextronics Software Systems in 2001, after acquiring other companies. frog design, a strategic, creative consulting firm, was acquired by Flextronics in 2001 and has been part of its software development and troubles business since the summer of 2005. frog design has identified emerging market opportunities and transformed ideas to products for almost four decades, and continues to operate as an independent division of Aricent.

Contents

[edit] Corporate history

Hughes Software Systems Limited (HSS), now Aricent, was originally incorporated in India on 30 December 1991 with Hughes Network Systems (HNS), a unit of Hughes Electronics Corporation (HUGHES), USA as its principal shareholder.

HUGHES is a digital television entertainment, broadband services, satellite-based private business networks, and video and data broadcasting company.

HNS, a unit of HUGHES, provides broadband satellite network solutions for businesses and consumers, with over 400,000 systems installed in more than 85 countries.

With the opening of the Indian economy in the early nineties, HUGHES was attracted by the long-term potential of outsourcing software development and set up a subsidiary in India to supplement HNS' R&D efforts.

HSS began its operations in New Delhi with a team of about 20 staff and was initially focused on developing software solutions in the areas of VSAT-based networks for voice and data, cellular wireless telephony, packet switching, and multi-protocol routing. Within three years, HSS grew to 240 professionals and in 1995, moved to the campus at Electronic City, Gurgaon, a suburb of New Delhi, India.

In 1998, HSS set up its development center in Bangalore, India to focus on development of software for the Internet and Internet Protocol-based solutions and applications.

In 1999, HSS initiated its Voice over Packet business. HSS went public the same year via a book building issue, the first of its kind in India.

To cater to increasing market demand, HSS expanded operations in the USA by opening several offices in 1999. As a part of its continued expansion, HSS opened marketing offices in U.K and Germany in the year 2000 and in Japan in the year 2001.

In 2003, HSS established a development center in Nuremberg, Germany to meet the demands of the European wireless equipment providers.

Over the time period from 2003 to 2005, Flextronics acquired a number of design and software development companies, including HSS, Azisa, Avnisoft, Fedtec, Brainblue, DeccaNet, Emuzed, frog design and FutureSoft. The companies were consolidated to form Flextronics Software Systems.

Flextronics Software Systems expanded the number of development operations to include Kiev, Kherson and Vinnytsia in the Ukraine, Randburg, South Africa and to create a new development center in Beijing, China.

In 2006, following the acquisition of the business by Kohlberg Kravis Roberts and Sequoia Capital, the company was renamed Aricent and the corporate offices were relocated to Palo Alto, California, USA. The transaction represents the largest private equity buy-out in Indian history to date (November 2006).[6]

[edit] Origin of the Aricent name

In the summer of 2006 the employees were asked to suggest a name for the new company, in response there were more than 2,000 entries. The winning name was penned by Mr.Hans Juergen Leicht and it was selected because of its international sound and optimistic outlook. Aricent is the combination of two words "arise" & "ascent".

[edit] About Aricent

[edit] Products

Aricent have a sizable list of software products (more than 125) licensed to equipment manufacturers, device manufacturers and service providers, among which are:

[edit] Clients

Aricent has more than 550 clients worldwide including major telecommunications and data communications equipment manufacturers, device manufacturers and service providers. Examples include:

Airtel, Airwide, Alcatel-Lucent, Alltel, Cisco Systems, Ericsson, Hughes Network Systems, Inmarsat, Juniper, LG Electronics, Motorola, NEC, Newport Networks Limited, Nokia, Nokia Siemens Networks, Panasonic, Pantech, Polycom, Samsung, Siemens, Sony Ericsson, TEKELEC,Tellabs, Texas Instruments, Virgin Mobile and Vodafone.

[edit] Standards Organizations

Aricent is a contributing member of the major standards bodies in the communications industry. Examples include;

[edit] Board of directors

[edit] Footnotes

  1. ^ "Aricent Fact Sheet" (PDF). Aricent. http://aricent.com/assets/documents/pdf/aricent_at_a_glance.pdf. Retrieved 2008-10-08. 
  2. ^ "KKR Current Investments". KKR. http://www.kkr.com/investments/current-invest.html. Retrieved 2006-10-26. 
  3. ^ "Aricent - Sequoia Capital". Sequoia Capital. http://www.sequoiacap.com/company/aricent/. Retrieved 2006-10-26. 
  4. ^ "Aricent Debuts As Communications Software Pure Play". KKR. http://www.kkr.com/news/press_releases/2006/10-26-06.html. Retrieved 2006-10-26. 
  5. ^ "Aricent Announces New Funding from KKR and The Family Office". Aricent. http://www.aricent.com/en/releases/content.press_release/kkr_tfo_investment_2008-09-23.html. Retrieved 2008-09-23. 
  6. ^ "Buyout deal by KKR is India's largest ever". International Herald Tribune. http://www.iht.com/articles/2006/04/17/business/kkr.php. Retrieved 2006-10-31. 

[edit] External links

Retrieved from "http://en.wikipedia.org/wiki/Aricent"