|Founded||1999, public 2007|
|Headquarters||Redwood City, California, United States|
|Amir Bassan-Eskenazi, CEO, President & Co-Founder
Ran Oz, Former CTO & Co-Founder
|Revenue||US$112M (FY 2010)|
|US$-30.8M (FY 2010)|
|US$-31.6M (FY 2010)|
|Total assets||US$181M (FY 2010)|
|Total equity||US$134M (FY 2010)|
Number of employees
|620 (July 2007)|
BigBand Networks was a corporation headquartered in Redwood City, California, which became a division within Arris Group. BigBand manufactured and sold digital video and data processing products and services for digital video and CMTS.
BigBand's development centers were assimilated by Arris Group. The main video products are developed in Tel Aviv, Israel employing roughly 200 people. The main data and voice products development center is in Westborough, Massachusetts with roughly 175 people. A third research and development office is located in Shenzhen, China.
Products and technologies
The company formerly sold video, voice and data products directly to major cable multi system operators (MSOs). Amongst the company's biggest MSO clients were Comcast, Time Warner Cable, Cablevision, Cox with Verizon becoming their biggest customer in 2006.
BigBand's main products include a digital video processing platform called BMR and a cable modem termination system (CMTS) called Cuda. The video platform enables services such as Switched Video, Digital Cable, Video on demand and IPTV offered on a variety of transport networks such as QAM cable, DSL and Verizon FiOS.
BigBand is suing a firm started by ex-employees. The firm, called Imagine Communications, is allegedly infringing on 3 of BigBand's patents covering video processing and bandwidth management techniques.
IPO and Class Action Lawsuit
In October 2007, a class-action shareholder lawsuit was filed on behalf of shareholders who purchased BigBand Networks Inc. securities in the company’s IPO on March 15, 2007. The lawsuit sought to pursue remedies under the Securities Act of 1933. The complaint alleged BigBand violated the Securities Act, and that company insiders including the CEO, CFO and CTO knowingly published misleading and false statements about the company’s financial health and product offerings. In particular, the complaint alleged that BigBand materially misstated their revenues, and engaged, among other allegations, in the practice informally known as channel stuffing to artificially inflate their financials prior to IPO. The suit was settled in 2009, with BigBand agreeing to pay US$1.5 million.
- BigBand Networks (BBND) annual SEC income statement filing via Wikinvest.
- BigBand Networks (BBND) annual SEC balance sheet filing via Wikinvest.
- U.S. Securities and Exchange Commission (2 August 2007). "BIGBAND NETWORKS REPORTS SECOND QUARTER 2007 FINANCIAL RESULTS". SEC.gov. Retrieved 13 December 2016.
- "BigBand Networks Expands Presence in China". Business Wire. 2007-03-30.
- "Cablevision Deploys BigBand's Switched Video". Converge Network Digest. 2007-07-24. Archived from the original on 2007-09-27.
- "Winners of the 59th Technology and Engineering Emmy Awards". Retrieved 2011-03-28.
- "ARRIS Completes BigBand Acquisition". Yahoo! Finance. ZACKS. 22 November 2011. Retrieved 15 December 2011.
- Todd Spangler (2007-06-05). "BigBand Sues Firm Started by Ex-Employees". Multichannel News.
- Alan Breznick (2007-03-15). "BigBand IPO: Boing!". Cable Digital News.
- BRIEF-BigBand Networks says settles class action lawsuit