Overture Networks

Overture Networks
Privately held company
Founded July 2000
Founder Prayson Pate, Jeff Reedy
Headquarters Research Triangle Park,[1] North Carolina, USA
Area served
 Worldwide
Key people
 Mike Aquino, President and CEO
Prayson Pate, Chief Technologist
Arthur Bergens, CFO
Products Networking and telecommunications equipment
Website http://www.overturenetworks.com

Overture Networks was a company that designed, manufactured, and marketed networking and telecommunications equipment. Overture was headquartered in Research Triangle Park (RTP), North Carolina and also maintained offices in Westford, MA and Bangalore, India.

Overture was a member of the Metro Ethernet Forum (MEF).[2] It also held a TL 9000 certification[3] which it received from the QuEST Forum in May 2007.

In January 2016, Overture was acquired by telecommunications vendor ADVA Optical Networking.[4]

History

In 2000, Overture was launched by co-founders Jeff Reedy and Prayson Pate to develop solutions designed to help service providers and network operators transition to an all-packet network. In December 2008, Overture Networks acquired Ceterus Networks, a Richardson, Texas-based manufacturer of Carrier Ethernet equipment and technologies for mobile backhaul.[5] In March 2011, Overture merged with Hatteras Networks,[6] the number one-ranked Ethernet over Copper market leader[7] and manufacturer of Ethernet service delivery solutions for the Carrier Ethernet, Metro Ethernet, and DSLAM and mobile wireless backhaul markets. Post-merger, the unified company operated under the Overture Networks name until February 2012, when a rebranding initiative was announced. Marking the final integration of the two companies, Overture introduced a new logo, color palette, company blog, and tagline, "Overture - An Entrance to a Smarter Network", and informally dropped "Networks" from its name.[8]

Beginning in 2008,[7] and continuing through 2009,[9] 2010,[10] and 2011,[11] Overture was named as the number one provider of Ethernet over TDM (EoTDM) access circuits and Ethernet over bonded copper pair (EoC) platforms by analyst firm Heavy Reading.

In September 2012, Overture appointed former Ciena Corporation Senior VP of Global Field Operations, General Manager of Global Government Solutions, and VP of Americas, Mike Aquino, as its new President and Chief Executive Officer (CEO).[12]

The Overture 6500

Overture announced the company's entry into the Software-Defined Networking (SDN) space in March 2012 with the launch of a new product, Ensemble OSA. Ensemble OSA is an open architecture based on open API standards like OpenFlow and has three layers, which may include Overture-developed components, as well as those developed by service providers or third-party vendors.[13] Overture followed this with the release of the Overture 6500, the first Ensemble OSA-ready platform and the inaugural product in its Open Service Delivery Family product line.[14]

In January 2016, Overture was acquired by ADVA Optical Networking in a $35 million purchase which was reported to involve "an additional $5 million conditional 'earn-out' payment".[15]

Current products and applications

Overture's products were generally used in the following solution categories: business services, mobile backhaul, Ethernet transport and infrastructure for speeds from 1 Mbit/s to 10 Gbit/s, and SDN. The company's products addressed these core applications using a range of access technologies including optical Ethernet, Ethernet over bonded copper, Ethernet over TDM/SONET/SDH/PDH, and multi-service Carrier Ethernet that supported TDM pseudo-wires and IP service aggregation using VLANs.[16] Targeted to users such as competitive local exchange carriers, incumbent local exchange carriers, cable companies, and wholesale ISPs, its technologies were used in applications and settings like cloud computing, data center services, and mobile data services. Overture Network's products achieved MEF 9, 14, and 18 certifications.[17]

Ethernet over bonded copper

Ethernet over TDM, SONET, SDH, and PDH

The Overture 6100

Mobile Backhaul

Optical Ethernet

The Overture 4800

Software-Defined Services

Customers and partners

Overture serviced more than 450 service providers and network operators in 45 countries worldwide. Among the company's major customers were BellSouth (now AT&T),[18] Cavalier Telephone,[19] COLT,[20] Internode,[21] Integra Telecom, IPC Systems,[22] MASERGY,[23] One Connect Limited, Optivon,[24] PAETEC,[25] THUS,[26] tw telecom,[27] Verizon Business,[28] Veroxity,[29] Windstream Communications,[30] and XO Communications.[31]

The company also established and maintained a network of distributor and reseller, OEM, service and support, system integrator, and technology alliance partners. Among its partners were Alcatel-Lucent,[32] ADVA Optical Networking,[32] Cyan,[33] Telent,[34] and Walker and Associates.[35]

Awards and recognition

Corporate, product, and personnel awards won by Overture include the following:

2007

2008

2009

2010

2011

2012

References

  1. ↑ "The Future of Great Ideas", Research Triangle Foundation of North Carolina. Retrieved July 26, 2010.
  2. ↑ "Metro Ethernet Forum Member List", Metro Ethernet Forum. Retrieved June 23, 2011.
  3. ↑ "TL 9000 Registration Public Profile", QuEST Forum, July 05, 2004. Retrieved June 23, 2011.
  4. ↑ "American City Business Journals", Morrisville-based Overture Networks acquired for $35M. Retrieved January 25, 2016.
  5. ↑ Mohney, Doug. Carrier Ethernet Consolidation: Overture Networks buys Ceterus Networks, FierceTelecom, December 16, 2008.
  6. ↑ "Overture Networks - Letters to our Customers" (PDF). Retrieved March 22, 2011.
  7. 1 2 Hatteras and Overture Lead Growing Carrier Ethernet Access Platform Market Segments in 2008, Heavy Reading Reports, Submarine Telecoms Forum, March 20, 2009.
  8. ↑ "Overture Refines Brand, Emphasizing Qualities that Helped it Achieve its Current Market Leading Position" (Press release). Overture Networks. February 7, 2012. Retrieved February 7, 2012.
  9. ↑ Carrier Ethernet Access Platforms Post Double-Digit Growth in 2Q09, Lightwave Online, October 27, 2009.
  10. ↑ Hubbard, Stan. Carrier Ethernet Access Platform Market Abuzz, Light Reading, March 30, 2010.
  11. ↑ Hubbard, Stan. Carrier Ethernet Access Market Update, Light Reading, September 7, 2011.
  12. ↑ "Overture Announces Mike Aquino as President and CEO" (Press release). Overture Networks. September 24, 2012. Retrieved January 11, 2013.
  13. ↑ "Overture Introduces Ensemble OSA™, the Industry's First Open Architecture for Software-Defined Services at the Metro Edge" (Press release). March 11, 2013. Retrieved April 2, 2013.
  14. ↑ "Overture Launches 6500, First Platform in new Open Service Delivery Family" (Press release). March 26, 2013. Retrieved April 2, 2013.
  15. ↑ Le Maistre, Ray. ADVA Adds NFV Smarts With $35M Overture Acquisition, Light Reading, January 25, 2016.
  16. ↑ Overture Networks. "Products+Solutions". Retrieved March 22, 2011.
  17. ↑ "MEF Certified Companies - Equipment and Services", Metro Ethernet Forum, June 23, 2011. Retrieved June 27, 2011.
  18. ↑ "Hatteras Networks selected by BellSouth for Mid-Band Ethernet service roll-out" (Press release). Hatteras Networks. July 31, 2006. Retrieved July 27, 2010.
  19. ↑ "Cavalier Telephone Puts Hatteras Networks on The Ethernet Express" (PDF) (Press release). Hatteras Networks. January 30, 2008. Retrieved July 27, 2010.
  20. ↑ Overture Wins COLT Deal, Light Reading, January 20, 2009.
  21. ↑ "Carrier Internode Selects Hatteras Networks For Roll Out of Mid-Band Ethernet Services to Businesses in Australia" (PDF) (Press release). Hatteras Networks. March 30, 2009. Retrieved July 27, 2010.
  22. ↑ IPC Systems Deploys Overture ISG to Support Low-Latency Ethernet Connection Service for Financial Trading Firms, Optical Keyhole, August 19, 2008.
  23. ↑ Masergy Picks Overture, Light Reading, January 31, 2011.
  24. ↑ Baburajan, Rajani. Optivon, Overture Networks in Pact to Deliver Puerto Rico's First Mid-Band Metro Ethernet Network, TMCNet.com, May 9, 2011.
  25. ↑ Schmelkin, Carrie. Carrier Ethernet - PAETEC Employs Overture Networks' Carrier Ethernet Platform, 4GWE, May 3, 2011.
  26. ↑ THUS Deploys Overture, Light Reading, October 12, 2005.
  27. ↑ Globalcomm: Time Warner Telecom Extends Reach with Overture, Connected Planet, June 06, 2006.
  28. ↑ Wilson, Carol. Carrier Ethernet - PAETEC Employs Overture Networks' Carrier Ethernet Platform, Connected Planet, March 4, 2008.
  29. ↑ "Veroxity Technology Partners Extends Ethernet Service Footprint with Overture's ISG 6000" (Press release). Overture Networks. September 13, 2010. Retrieved June 30, 2011.
  30. ↑ "Windstream Communications Deploys Hatteras Networks Ethernet Over Copper and Ethernet Over TDM Solution to Deliver Ethernet Services" (PDF) (Press release). Hatteras Networks. March 1, 2010. Retrieved July 27, 2010.
  31. ↑ "XO Communications Signs Multi-Million Dollar Deal With Hatteras Networks For Nationwide Mid-Band Ethernet Services Rollout" (Press release). Hatteras Networks. April 18, 2007. Retrieved July 27, 2010.
  32. 1 2 "OEM Partners". Retrieved August 2, 2011.
  33. ↑ "Technology Alliance Partners". Retrieved August 2, 2011.
  34. ↑ "Service and Support Partners". Retrieved August 2, 2011.
  35. ↑ "Distributors and Resellers". Retrieved August 2, 2011.
  36. ↑ "Frost & Sullivan Recognizes Exceptional Companies in Information & Communication Technologies" (Press release). Frost & Sullivan. January 29, 2007. Retrieved June 29, 2011.
  37. ↑ "MedPro RX claims No. 1 spot in Triangle Business Journal's Fast 50 Awards", Triangle Business Journal, November 7, 2008.
  38. ↑ "Jeff Reedy, President and CEO - Overture Networks". Business Leader Magazine. Retrieved June 29, 2011.
  39. ↑ "In Search of Excellence", Internet Telephony Magazine, October 2008.
  40. ↑ 2008 Internet Telephony Product of the Year Awards, Internet Telephony Magazine, January 2009.
  41. ↑ "Red Herring 100 North America 2008 - Winners". Red Herring. Retrieved June 29, 2011.
  42. ↑ 4GWE 2009 Product of the Year Award Winners Announced, TMCNet 4GWE, December 30, 2009.
  43. ↑ 4G Wireless Evolution Announces Winners of the 2009 Wireless Backhaul Distinction Award, TMCNet 4GWE, September 18, 2009.
  44. ↑ Ethernet Expo Carrier Ethernet Awards Winners Announced, Light Reading, November 4, 2009. Retrieved June 29, 2011.
  45. ↑ "IEC Applauds 2009 InfoVision Award Winners at Broadband World Forum Europe 2009 in Paris" (Press release). International Engineering Consortium. September 7, 2009. Retrieved June 29, 2011.
  46. ↑ Linask, Erik. 2009 Internet Telephony Product of the Year Awards, Internet Telephony Magazine, February 2010.
  47. ↑ "Overture Networks Honored with Red Herring Global Award" (Press release). Overture Networks. February 27, 2009. Retrieved June 29, 2011.
  48. ↑ Hatteras Networks’ HN6100 Platform Wins 2009 SUPERCOMM Eos Award for Technology Innovation, Generation-NT Media, October 22, 2009.
  49. ↑ 4G Wireless Evolution Unveils Winners of 2010 Wireless Backhaul Distinction Award, TMCNet 4GWE, November 11, 2010.
  50. ↑ Bernier, Paula. TMC, INTERNET TELEPHONY Congratulate IT Product of the Year Award Winners, Internet Telephony Magazine, February 1, 2011.
  51. ↑ "Overture Networks Receives Multiple 2010 Communications Solutions Product of the Year Awards" (Press release). Overture Networks. July 21, 2011. Retrieved August 2, 2011.
  52. ↑ Keating, Tom. INTERNET TELEPHONY Congratulates TMC Labs Innovation Awards Winners, Internet Telephony Magazine, August 17, 2010.
  53. ↑ Marketing Awards Category Honorees, The American Business Awards, Retrieved July 19, 2011.
  54. ↑ Triangle 2011 Top Entrepreneurs, Business Leader Magazine, Retrieved July 19, 2011.
  55. ↑ Arora, Rahul. Overture's ISG 6000 Receives 2011 NGN Leadership Award from TMC's NGN Magazine, TMCNet.com, May 24, 2011.
  56. ↑ Arthur Bergens, Triangle Business Journal, July 15, 2011.
  57. 1 2 New Product Awards & Product Management Category Stevie® Award Winners, The American Business Awards, Retrieved January 9, 2013.
  58. ↑ Triangle 2012 Top Entrepreneurs, Business Leader Magazine, Retrieved January 9, 2013.
  59. ↑ "2012 finalists", Ernst & Young, Retrieved January 9, 2013.
  60. ↑ "GTB presents Innovation Awards 2012", Global Telecoms Business, June 13, 2012.
  61. ↑ "TMC Announces 2012 INTERNET TELEPHONY Excellence Award Winners", TMCNet, September 13, 2012.
  62. ↑ "2012 NGN Leadership Award Winners Announced by INTERNET TELPHONY Magazine", TMCNet, June 28, 2012.
  63. ↑ Ohnesorge, Lauren K. "MTBJ Flash: Fastest growing private companies in the area", Triangle Business Journal, November 16, 2012.
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