Scientific Atlanta
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| Type | Subsidiary |
|---|---|
| Industry | Broadband |
| Founded | 1952 |
| Founder(s) | Glen P. Robinson Gerald Rosselot James E. Boyd |
| Headquarters | Lawrenceville, Georgia |
| Key people | Tony Bates, Cisco James F. McDonald, CEO |
| Products | Set-top boxes Cable distribution Cable Modems IPTV hardware |
| Revenue | $1.9 billion (fiscal year 2005) |
| Employees | 9,784 (as of June 5, 2007) |
| Parent | Cisco Systems |
| Website | www.sciatl.com www.scientificatlanta.com/ |
Scientific Atlanta Inc is a Georgia-based manufacturer of cable television, telecommunications, and broadband equipment. Scientific Atlanta was founded in 1951 by a group of engineers from the Georgia Institute of Technology, and was purchased by Cisco Systems in 2005.
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[edit] Products
Scientific Atlanta is a supplier of transmission networks for broadband access to the home, set-tops, cable modems and digital interactive subscriber systems for video, high-speed Internet, voice over IP (VoIP) networks, and worldwide customer service and support.
Products for the cable TV industry, from fiber optic network equipment for head-end media acquisition, to digital cable boxes (as well as universal remotes to go with them), and cable modems, dominate Scientific Atlanta's sales. Scientific Atlanta also supplies distribution technology to networks such as Bloomberg Television, CNN, ESPN and many others.
In addition to providing products for traditional coaxial and fiber service operators, Scientific Atlanta also expanded its IPTV solutions offerings after the merger with Cisco.[1]
[edit] History
In late 1952, Glen P. Robinson and several other Georgia Tech Research Institute researchers, including station director Gerald Rosselot and future station director James E. Boyd pooled funds of approximately $100 each, and started Scientific Atlanta to produce technology developed at the research station.[2][3][4]
Sidney Topol served as its president from 1971-83, CEO from 1975-87, and chairman of the board from 1978-90. During his tenure, the company grew in sales from $16 million to more than $600 million. In addition, the company developed the concept of cable/satellite connection, which, in working with HBO and transportable earth stations developed by TelePrompTer Corporation and manufactured by Scientific-Atlanta, established satellite-delivered television for the cable industry. [5]
On November 18, 2005, Scientific Atlanta announced that it would be purchased by Cisco Systems in a US$6.9 billion cash deal. On February 25, 2006, Cisco Systems announced that it had completed acquisition of Scientific Atlanta in a cash deal that paid $43 per share. The total cash value of the deal was roughly US$7 billion, or US$5.1 billion net of Scientific Atlanta's cash balance, and also about US$5.1 billion over their 2005 shareholders' equity. In its fiscal year 2005, Scientific Atlanta earned $1.36 per common share (diluted).
The company was honored at the 2008 Technology & Engineering Emmy Awards for development of interactive Video-on-Demand infrastructure and signaling, leading to large scale VOD implementations.
[edit] References
- ^ "Cisco IPTV Solutions". http://www.cisco.com/en/US/netsol/ns610/networking_solutions_solution_category.html. Retrieved 2011-05-11.
- ^ "Glen P. Robinson Jr.". Georgia Tech Research Institute. http://www.gtri.gatech.edu/gtri75/history-makers/glen-p-robinson-jr. Retrieved 2010-01-19.
- ^ "Researchers form Scientific-Atlanta". Georgia Tech Research Institute. http://www.gtri.gatech.edu/gtri75/our-75-years/researchers-form-scientific-atlanta. Retrieved 2010-01-26.
- ^ "U.S. Business: One Way to Do It". Time. 1963-04-26. http://www.time.com/time/magazine/article/0,9171,830232,00.html. Retrieved 2010-01-20.
- ^ "Cable Hall of Fame 1998 - 2010 Honorees Sid Topol |". The Cable Center. http://www.cablecenter.org/content.cfm?id=1055. Retrieved 2011-05-14.
