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adva optical networking se (ADV) Snapshot

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52 Week High
02/19/14 - €3.95
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10/16/14 - €2.40
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adva optical networking se (ADV) Details

ADVA Optical Networking SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises to deliver data, storage, voice, and video services. Its products include FSP (Fiber Service Platform) 3000, a scalable optical transport solution for high-bandwidth applications; RAYcontrol software, a multi-layer generalized multiprotocol label switching control plane that simplifies provisioning, monitoring, and control of network infrastructure; and Ethernet access solutions, such as FSP 150CC, FSP 150CM, FSP 150EG-X, and FSP 150SP to deliver carrier Ethernet services. The company’s products also include FSP Service Manager that enables clients to track, manage, and support network from their desk; and FSP Network Manager, which enables multiple users across the entire network to access fault, configuration, inventory, security, and performance management for various network nodes. In addition, it provides networking solutions for various applications, including data center connectivity, business Ethernet, mobile and broadband backhaul, Agile core transport, and research and education, as well as offers various services for the network lifecycle comprising network design, deployment, and maintenance. The company offers its products for telecommunications service providers, private companies, universities, and government agencies worldwide. ADVA Optical Networking SE sells its product portfolio directly, as well as through an international network of distribution partners. The company was founded in 1994 and is headquartered in Munich, Germany.

1,482 Employees
Last Reported Date: 10/23/14
Founded in 1994

adva optical networking se (ADV) Top Compensated Officers

Co-Founder, Chief Executive Officer and Membe...
Total Annual Compensation: €451.0K
Chief Technology Officer, Senior Vice Preside...
Total Annual Compensation: €393.0K
Compensation as of Fiscal Year 2013.

adva optical networking se (ADV) Key Developments

Adva Optical Networking Appoints New Chairman of Supervisory Board

ADVA Optical Networking has appointed Nikos Theodosopoulos as the new chairman of supervisory board. Nikos Theodosopoulos succeeds Anthony Maher, ADVA Optical Networking's former Chairman of the Supervisory Board, following Mr. Maher's unexpected passing in November of the prior year. He built the necessary strength in the corporate governance procedures with a strong focus on delivering the high value to ADVA Optical Networking's stakeholders.

ADVA Optical Networking Names Nikos Theodosopoulos as Supervisory Board Chairman

ADVA Optical Networking announced that Nikos Theodosopoulos, founder and managing director of NT Advisors LLC, was elected by the Supervisory Board as their Chairman on Jan. 9, 2015. The election follows a unanimous proposal by the Management Board of ADVA Optical Networking and court appointment of Nikos Theodosopoulos as a member of the Supervisory Board until the next General Meeting. Nikos Theodosopoulos succeeds Anthony Maher, ADVA Optical Networking's former Chairman of the Supervisory Board, following Mr. Maher's unexpected passing in November of the prior year. Nikos Theodosopoulos runs his own firm, NT Advisors LLC.

ADVA Optical Networking Announces Management Changes

ADVA Optical Networking announced the appointment of Ulrich Dopfer as Chief Financial Officer (CFO), effective January 1, 2015. Ulrich Dopfer will take over the role of CFO and president of its North American subsidiary from Jaswir Singh, who has served in this position since 2007. Ulrich Dopfer, previously the company's vice president of financial planning & analysis and corporate services has served in various financial and business roles at ADVA Optical Networking since 2004. Jaswir Singh left ADVA Optical Networking on December 31, 2014. Christoph Glingener, who has been serving as Chief Technology Officer (CTO) since 2007, will take over ADVA Optical Networking's industry leading operations team headed by Paulus Bucher, senior vice president global operations, in order to integrate research and development, new product introduction and global operations into a unified development operations team.


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