April 16, 2014 7:35 AM ET

Communications Equipment

Company Overview of Tellabs Inc.

Company Overview

Tellabs, Inc. designs, develops, and supports telecommunication networking products for communication service providers in the United States and internationally. The company operates through four segments: Optical, Data, Access, and Services. The Optical segment offers digital cross-connect systems, managed transport systems, optical transport systems, and Metro Ethernet Switching products that enable service providers to manage network bandwidth by adding capacity; and to support metro networks, mobile services, and business services for enterprises, as well as to provide triple-play voice, video, and data services for residential consumers. The Data segment provides next-generation packet-...

One Tellabs Center

1415 West Diehl Road

Naperville, IL 60563

United States

Founded in 1974

2,525 Employees

Phone:

630-798-8800

Fax:

630-798-2000

Key Executives for Tellabs Inc.

Chief Executive Officer and President
Age: 52
Acting Chief Financial Officer
Executive Vice President of Global Operations
Age: 52
Chief Administrative Officer
Age: 49
Vice President Finance and Chief Accounting Officer
Compensation as of Fiscal Year 2013.

Tellabs Inc. Key Developments

Robbins Geller Rudman & Dowd LLP, Wolf Popper LLP, and Johnson & Weaver, LLP File Class Action Suit Against Tellabs, Inc in the United States District Court for the Northern District of Illinois

Robbins Geller Rudman & Dowd LLP, Wolf Popper LLP, and Johnson & Weaver, LLP announced that a class action has been commenced in the United States District Court for the Northern District of Illinois on behalf of former holders of Tellabs Inc. common stock that was tendered or converted in connection with the acquisition of Tellabs by Marlin Equity Partners, Blackhawk Holding Vehicle LLC and Blackhawk Merger Sub Inc. If any one wish to serve as lead plaintiff, must move the Court no later than 60 days from March 20, 2014. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. The complaint charges Tellabs and its Board of Directors with violations of the Securities Exchange Act of 1934 and Tellabs, the Board and Marlin with breaches of fiduciary duty and/or aiding and abetting breaches of fiduciary duty in connection with the acquisition of Tellabs by Marlin.

Tellabs Unveils Edge Router Portfolio for LTE-Advanced Networks

Tellabs Inc. has announced that it is enhancing its Mobile Backhaul Solutions portfolio for LTE-advanced networks with new capabilities that support data services, low-latency voice and a range of applications such as consumer, enterprise, machine-to-machine connectivity, and cloud networking. Tellabs' new edge router portfolio is further enabled to support Coriant's multilayer SDN solutions for mobile networks. SDN promises dramatic OpEx and CapEx savings in mobile backhaul. The Tellabs 8665 Smart Router is a new high-scale node, providing a seamless evolution for Tellabs Smart Routers managed by the Tellabs 8000 Intelligent Network Manager. Its IP routing and Ethernet switching capabilities, aligned with other Tellabs 8600 Smart Routers, support mobile operators as they build and scale LTE and LTE-Advanced networks. The Tellabs 8665 router is a 900 Gbps full duplex IP/MPLS router with an innovative design, small footprint, low power consumption, and future scalability to 3 Tbps. With Ethernet interfaces from 1 to 100 Gbps, it offers full capabilities for all-IP mobile and fixed networks. The new Tellabs 8615 Smart Router is optimized for mobile and fixed-mobile converged networks, with 44 Gbps throughput in a compact 1RU unit. In the future, two Tellabs 8615 routers can be stacked to provide 88 Gbps throughput. The new Tellabs 8602 Smart Router is a compact, environmentally hardened, full featured 6-port IP/MPLS router that's only one-third the size of competing products. It fits in the most demanding locations due to its compact, environmentally hardened, water- and dust-proof (IP 67) design. The Tellabs 8602 router enables plug-and-play auto configuration through SON (Self Organizing Network) capabilities, speeding deployment of small cells and macrocells. The new Tellabs Integrated GPS (GNSS) SFP Module extends Tellabs' packet synchronization capabilities (e.g., IEEE1588v2, SynchE, ACR). It enables a flexible and cost-efficient Time-of-Day and phase Synchronization in mobile backhaul networks, which is critical as networks evolve to LTE-TDD and LTE-Advanced.

Macronix Files Patent Infringement Complaints with U.S. International Trade Commission Against Spansion, Inc., Spansion LLC, Spansion (Thailand) Ltd. and its Customers

Macronix International Co. Ltd. and Macronix America Inc. announced that they have filed a patent infringement lawsuit against Spansion Inc., Spansion LLC, Spansion (Thailand) Ltd. and certain of their customers at the U.S. International Trade Commission for infringement of three Macronix patents covering separate aspects of non-volatile memory devices, including flash memory. The named defendants include, Beats Electronics LLC; Delphi Automotive PLC; Delphi Automotive Systems LLC; Harman International Industries Inc.; Harman Becker Automotive Systems Inc.; Harman Becker Automotive Systems GmbH; Ruckus Wireless Inc.; and Tellabs Inc. Macronix has taken this step to address Spansion's rampant infringement of Macronix's patent rights and the infringement that arises when Spansion's customers import devices containing infringing Spansion's products, including Spansion flash memory devices, into the United States. The three Macronix patents in suit relate to non-volatile memory technology and products. In this action, Macronix requests ITC issues exclusion order to exclude Spansion's infringing products or products containing such components from further importation into the United States. Macronix also requests ITC to issue general exclusion order to prevent other unidentified parties from importing into the United States their products that contain said infringing products. In addition, Macronix is requesting that the ITC issue cease and desist orders prohibiting further commerce in the United States involving infringing Spansion memory devices. Earlier this year, Macronix filed a separate seven-patent suit against Spansion in the U.S. District Court for the Eastern District of Virginia. As demonstrated by the filing of this ITC litigation, Macronix intends to vigorously defend its valuable intellectual property rights.

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Recent Private Companies Transactions

Type
Date
Target
Spin-Off/Split-Off
January 29, 2014
Tellabs Inc., Access Product Portfolio
Merger/Acquisition
October 21, 2013
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