Aastra Technologies Limited, formerly headquartered in

Concord, Ontario Concord is a suburban industrial district in the Vaughan, City of Vaughan in Regional Municipality of York, Ontario, York Region, located north of Toronto, Ontario, Canada. According to the Canada 2001 Census, 2001 Census, Concord has 8,255 resi ...

, Canada, made products and systems for accessing communication networks, including the Internet. Its products included residential and business telephone terminals, screen telephones, Enterprise

private branch exchange A business telephone system is a telephone system typically used in business environments, encompassing the range of technology from the key telephone system (KTS) to the private branch exchange (PBX). A business telephone system differs from ...

s (PBX), network access terminals and high-quality digital video encoders, decoders and gateways. Residential telephone equipment was sold in the

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

as Bell equipment by Sonecor brand, which represented Southern New England Telecommunications.

Mitel Networks Corporation Mitel Networks Corporation is a Canadian telecommunications company. The company previously produced Time-division multiplexing, TDM Private branch exchange, PBX systems and applications, but after a change in ownership in 2001, now focuses almo ...

announced on November 11, 2013, that it would acquire Aastra Technologies Ltd. in a stock and cash deal valued at about $400 million.

History

In 1983, Francis Shen and Hugh Scholaert bought an engineering consulting company, founding Aastra in

Toronto Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a p ...

in 1983. The company provided services to the defense industry. In 1993, the company started to specialise in telecommunications. Aastra went public in Canada in 1996. In 2000, Aastra acquired the assets of Nortel Networks Access Solutions Division including the rights to manufacture phones under the

Nortel Nortel Networks Corporation (Nortel), formerly Northern Telecom Limited, was a Canadian Multinational corporation, multinational telecommunications and data networking equipment manufacturer headquartered in Ottawa, Ontario. It was founded in ...

name. Then, in 2001, Aastra acquired Lucent Technologies' Digital Video business and Ericsson Cable Modem. Aastra acquired Nortel CVX & CSG Division in 2002 and the ASCOM PBX System Division in 2003. In 2005, 75% of Aastra Technologies' sales were made in Europe, following the purchase that year of the Germany-based the EADS Enterprise Telephony Business and the DeTeWe Telecommunication Systems business. Its other sales shares that year included 17% in the United States, and only 5% in Canada. In 2008, Aastra acquired the enterprise PBX division of

Ericsson (), commonly known as Ericsson (), is a Swedish multinational networking and telecommunications company headquartered in Stockholm, Sweden. Ericsson has been a major contributor to the development of the telecommunications industry and is one ...

, best known for MD110/MX-ONE Telephony Switch. In January 2014,

Mitel Mitel Networks Corporation is a Canadian telecommunications company. The company previously produced TDM PBX systems and applications, but after a change in ownership in 2001, now focuses almost entirely on Voice-over-IP (VoIP), unified commu ...

completed its acquisition of Aastra, which has been announced in November 2013. Mitel lists the fate of former Aastra products on its website.

Awards

In 2008, Aastra received Internet Telephony's Best of Show Award for 2007 for Best Large Enterprise Solution.

References

External links

Aastra Corporate
{{Telecommunications Companies formerly listed on the Toronto Stock Exchange Canadian companies established in 1983 Telecommunications companies established in 1983 1983 establishments in Ontario Telecommunications companies of Canada Electronics companies of Canada Companies based in Vaughan VoIP companies of Canada Teleconferencing 1996 initial public offerings 2014 mergers and acquisitions Telecommunications companies disestablished in 2014 2014 disestablishments in Ontario

History

Awards

See also

References

External links