BATM Advanced Communications
Encyclopedia
BATM Advanced Communications Ltd. is a technology company principally engaged in development, production and marketing of data and telecommunication products in the field of local and wide area networks, as well as the development, production and distribution of laboratory diagnostic equipment in the medical sector. The company is listed on the London Stock Exchange
and is a constituent of the FTSE techMARK 100 Index.
, and integrated voice, video and data service.
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
and is a constituent of the FTSE techMARK 100 Index.
History
BATM Advanced Communications was founded in 1992 by Dr. Zvi Marom as a bootstrap that grow into a multinational technology corporation; Initially focusing on developing high-performance communications equipment, mainly fibre optic networking, multi-service transport, access solutionsBroadband Networks
The ideal telecommunication network has the following characteristics: broadband, multi-media, multi-point, multi-rate and economical implementation for a diversity of services [1][2]. The Broadband Integrated Services Digital Network provides these characteristics in today's networks...
, and integrated voice, video and data service.
Acquisitions
- In April 2000 BATM acquired Telco SystemsTelco SystemsTelco Systems is a provider of multi-service Carrier Ethernet access and demarcation products.Founded in 1972 and based in Mansfield, Massachusetts, Telco Systems provides network edge solutions which enable service providers to migrate their services from a circuit-based network to a more cost...
(founded in 1972) for $260.8 million in cash and 960,000 shares of BATM stock. Telco Systems, based in Foxboro, Massachusetts, manufactures network transport and access solutions for telecommunications service providerTelecommunications Service ProviderA telecommunications service provider or TSP is a type of communications service provider that has traditionally provided telephone and similar services...
s.
- In January 2008 BATM acquired Resolute Networks, itself established in 2004 as a merger of Redux Communications (founded in 1999) and Lycium Networks (founded in 2001). Resolute Networks is a provider of sub-system solutions for Circuit Emulation ServiceCircuit Emulation ServiceCircuit Emulation Service is an emerging telecommunication technology used to transmit time-division multiplexed services such as the traditional Digital Signal and the E-carrier circuits over Asynchronous Transfer Mode networks...
s (CES) and Synchronous optical networkingSynchronous optical networkingSynchronous Optical Networking and Synchronous Digital Hierarchy are standardized multiplexing protocols that transfer multiple digital bit streams over optical fiber using lasers or highly coherent light from light-emitting diodes . At low transmission rates data can also be transferred via an...
solutions.
- During 2008, BATM made a number of investments in medical devices and supporting distribution networks, acquiring a clinical chemistry diagnostic company based in Italy.
- In November 2008, the Company completed the acquisition of Vigilant TechnologyVigilant TechnologyVigilant Technology is a provider of intelligent IP surveillance and security solutions. The company develops and manufactures digital recording systems, video content analysis and control center solutions...
Ltd. (Which provides video security solutions).
Financial Performance
| Year to 31 Dec | Revenue Revenue In business, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. In many countries, such as the United Kingdom, revenue is referred to as turnover.... (US $m) |
EBIT Earnings before interest and taxes In accounting and finance, earnings before interest and taxes is a measure of a firm's profit that excludes interest and income tax expenses. Operating income is the difference between operating revenues and operating expenses... (US $m) |
Net profit Net income Net income is the residual income of a firm after adding total revenue and gains and subtracting all expenses and losses for the reporting period. Net income can be distributed among holders of common stock as a dividend or held by the firm as an addition to retained earnings... (US $m) |
|---|---|---|---|
| 2008 | 134.462 | 23.860 | 24.459 |
| 2007 | 96.952 | 16.603 | 20.097 |