Transmode, headquartered in

Stockholm Stockholm () is the Capital city, capital and List of urban areas in Sweden by population, largest city of Sweden as well as the List of urban areas in the Nordic countries, largest urban area in Scandinavia. Approximately 980,000 people liv ...

Sweden Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on ...

, was a publicly listed provider of networking solutions, which enable fixed line and mobile network operators to cost effectively address the increasing capacity needs created.

Foundation and mission

The company's solutions serve as important building blocks in next-generation high-speed optical networks that support services such as broadband backhaul, mobile data backhaul, video and cloud computing. Transmode focuses on providing solutions to customers in the metro networks segment, utilizing WDM technology and technology for packet optical transport. Since May 2011, Transmode (as Transmode Holding AB) is listed on the NASDAQ OMX Stockholm ticker identity TRMO.

History

The company was formed in March 2005 when two Stockholm-based private telecoms companies, Transmode Systems and Lumentis, merged to address renewed worldwide demand for scalable and low-cost optical networking solutions. Transmode entered into the US market by winning a $1.5 million order from

Stealth Communications Stealth Communications is an American fiber-based Internet service provider (ISP), installing and maintaining its own fiber optic network throughout New York City. Stealth began rolling out its Gigabit Internet services in late 2013 to businesse ...

for its NYC deployment. In August 2015, Transmode was acquired by US corporation

Infinera Infinera Corporation is a San Jose, California-based vertically integrated manufacturer of Wavelength division multiplexing (WDM)-based packet optical transmission equipment and IP transport technologies for the telecommunications service provide ...

(following an offer made in April 2015), with shareholders receiving a mix of cash and Infinera shares, giving a total equity value for Transmode of about $350 million.Transmode Shareholders Accept Infinera Offer
Infinera Press Release, 14 August 2015.

References

{{reflist Companies based in Stockholm Companies established in 2000 Networking companies