HILLSBORO, Ore. -- RadiSys® Corporation (NASDAQ: RSYS), a leading global provider of advanced embedded solutions, today announced the release of its Promentum® ATCA-4500, a new AdvancedTCA (ATCA) single board computer (SBC) utilizing the new Intel® Xeon® processor 5500 series. The ATCA-4500 combines high performance with large memory capacity and expansion flexibility to address advanced control, gateway and telecom server functions for a broad set of 4G applications including LTE (Long-Term Evolution), WiMAX, NMS (Network Management Systems), and IMS (IP Multimedia Subsystem). The ATCA-4500 represents seventh-generation RadiSys ATCA blade technology delivering on the promise of Moore’s law – doubling the number of transaction or subscriber units that Telecom Service Providers can handle per ATCA slot – thereby, dramatically reducing cost per unit.
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“We bring true innovation and system level thinking to every product we design and the Promentum ATCA-4500 encapsulates the best in single board computers,” said Anthony Ambrose, RadiSys Vice President and General Manager, Communications Networks. “As the market leader in Integrated ATCA System deployments, the ATCA-4500 complements our other market leading products using DSP, packet processing and switching technology in building the world’s best 10G ATCA platform.”RadiSys’ ATCA-4500 has been optimized to meet Telecom Equipment Manufacturer (TEM) requirements for easily integrating into an existing ATCA chassis and for supporting multiple storage options and OS virtualization. The ATCA-4500 features an innovative virtualization solution that allows TEMs to streamline the complexities of their network element configurations and ease the porting of legacy application software and operating systems.
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The ATCA-4500 is based on breakthrough Intel processing technology enabling TEMs to use higher performing silicon at the system level. A single Intel® Xeon® processor 5500 series will outperform the previous generation of Intel® Xeon® Processors 5400 series by up to 25% using standard computing benchmark.* The ATCA-4500 is based on single socket design technology and provides TEMs with higher performance while being packaged such that it is fully upgradeable for next generation performance, safeguarding their investments in hardware by avoiding costly redesigns when new processing technology from Intel hits the market.
“Intel’s highest performing processor, the Intel® Xeon® processor 5500 series, is designed to meet the performance and virtualization requirements for the most demanding storage, security and communications infrastructure applications,” said Doug Davis, vice president and general manager, Embedded and Communication Group of Intel. “This enables the RadiSys Promentum® ATCA-4500 to support both legacy and next generation applications on the same virtualized communications element without sacrificing performance.”
Radisys Corp. (Nasdaq: RSYS)
Radisys Laptops & Desktops Driver Download For Windows 10 32-bit
Type | Private |
---|---|
Industry | Technology |
Founded | 1987; 34 years ago |
Headquarters | Hillsboro, Oregon, USA 45°32′44″N122°55′43″W / 45.545478°N 122.928697°WCoordinates: 45°32′44″N122°55′43″W / 45.545478°N 122.928697°W |
Key people | Arun Bhikshesvaran, President & CEO |
Products | embedded operating systems |
Revenue | $372.6 million USD[1] |
$76.4 million USD[1] | |
$65.9 million USD[1] | |
600 (2020)[2] | |
Parent | Jio Platforms |
Divisions | Communications networking, commercial systems |
Website | www.radisys.com |
Radisys Corporation is an American technology company located in Hillsboro, Oregon, United States that makes technology used by telecommunications companies in mobile networks. Founded in 1987 in Oregon by former employees of Intel, the company went public in 1995. The company's products are used in mobile network applications such as small cell radio access networks, wireless core network elements, deep packet inspection and policy management equipment; conferencing, and media services including voice, video and data. In 2015, Radisys first-quarter revenues totaled $48.7 million, and employed 700 people.[3] Arun Bhikshesvaran is the company's chief executive officer.
On 30 June 2018, Indian conglomerate Reliance Industries acquired Radisys for $74 million.[4][5][6]
History[edit]
Radisys was founded in 1987 as Radix Microsystems in Beaverton, Oregon, by former Intel engineers Dave Budde and Glen Myers.[7][8][9] The first investors were employees who put up $50,000 each, with Tektronix later investing additional funds into the company.[9] Originally located in space leased from Sequent Computer Systems, by 1994 the company had grown to annual sales of $20 million.[10] The company's products were computers used in end products such as automated teller machines to paint mixers.[9] On October 20, 1995, the company became a publicly traded company when it held an initial public offering (IPO).[11] The IPO raised $19.6 million for Radisys after selling 2.7 million shares at $12 per share.[11]
In 1996, the company moved its headquarters to a new campus in Hillsboro, and at that time sales reached $80 million and the company had a profit of $9.6 million that year with 175 employees.[9][12] Company co-founder Dave Budde left the company in 1997, with company revenues at $81 million annually at that time.[13] The company grew in part by acquisitions such as Sonitech International in 1997,[14] part of IBM's Open Computing Platform unit[15] and Texas Micro in 1999,[16] all of S-Link in 2001,[17] and Microware also in 2001.[18] Radisys also moved some production to China in order to take advantage of the lower manufacturing costs.[19]
In 2002, the company had grown to annual revenues of $200 million, and posted a profit in the fourth quarter for the first time in several quarters.[20] That year Scott Grout was named as chief executive officer of the company and C. Scott Gibson became the chairman of the board,[21] both replacing Glen Myers who co-founded the company.[22] The company sold off its signaling gateway line in 2003.[23]
They raised $97 million through selling convertible senior notes in November 2003.[24] In 2004, the company stopped granting stock options to employees and transitioned to giving restricted shares for some compensation.[25] Radisys grew to annual revenues of $320 million by 2005.[26] The company continued to grow through acquisitions such as a $105 million deal that added Convedia Corp. in 2006.[27][28] Radisys continued buying assets when it purchased part of Intel's communications business for about $30 million in 2007.[29] After five-straight quarterly losses, the company posted a profit of $481,000 in their 2009 fourth quarter.[30]
In May 2011, the company announced they were buying Continuous Computing for $105 million in stock and cash.[31] Once the transaction was completed in July 2011, Continuous' CEO Mike Dagenais became the CEO of RadiSys.[31][32][33] Dagenais left the company in October 2012 with former CFO Brian Bronson taking over as CEO.[32] In 2018, Reliance Industries acquired Radisys. Arun Bhikshesvaran took over as CEO in July 2019.[34]
Operations[edit]
The company's headquarters are located in the Dawson Creek Industrial Park adjacent to the headquarters of FEI Company in Hillsboro, Oregon, within the Portland metropolitan area. Radisys in 2015 had approximately 700 employees located in offices in the United States (Hillsboro, Oregon), India (Bengaluru, Karnataka,[Gurgaon]), China (Shenzhen, Guangdong), and Canada (Burnaby, British Columbia).[1] Overall, the company only builds about 15 percent of their products, with the remainder outsourced to other companies.[1]
Products[edit]
Radisys supports two markets: communications networking and commercial systems.[1] The latter makes products for use in the testing, medical imaging, defense, and industrial automation fields.[1] For example, end-products that Radisys' is a supplier to as original equipment manufacturers include items such as MRI scanners, ultrasound equipment, logic analyzers, and items used in semiconductor manufacturing.[1] Communications networking equipment includes those for wireless communications, switches, distribution of video, and internet protocol based networking equipment.[1]
The company has engineering groups, working on open telecom architectures,[35]computer architecture and systems integration. In 2009, Radisys' biggest customers were Philips Healthcare, Agilent, Fujitsu, Danaher Corporation, and Nokia Siemens Network (NSN).[1] NSN was the largest single customer, totaling over 43% of revenues.[1]
See also[edit]
References[edit]
Radisys Laptops Best Buy
- ^ abc'2008 Annual Report'(PDF). RadiSys Corporation. March 6, 2009. Retrieved 2009-07-09.
- ^https://www.businesstoday.in/sectors/telecom/reliance-industries-signs-usd-74-million-acquisition-deal-radisys-to-boost-5g-iot-push/story/279756.html
- ^'Radisys stock jumps 10 percent on strong revenue growth'. Oregon Live. April 14, 2015.
- ^Mesecke, Lori (29 June 2018). 'RELIANCE INDUSTRIES TO ACQUIRE RADISYS'. www.radisys.com. Retrieved 1 July 2018.
- ^'RIL to buy Radisys to accelerate Reliance Jio's 5G, IoT push'. Mint. 30 June 2018. Retrieved 1 July 2018.
- ^Pandey, Piyush (30 June 2018). 'RIL acquire Radisys Corporation for $74 million'. The Hindu. Retrieved 1 July 2018.
- ^Earnshaw, Aliza (May 3, 2002). 'RadiSys CEO Myers steps down'. Portland Business Journal. Retrieved 2009-07-09.
- ^Bell, Jon (September 10, 2004). 'Capital ventures into Oregon'. The Portland Tribune. Retrieved 2009-07-10.
- ^ abcdWilliams, Elisa (June 22, 1997). 'Keeping RadiSys on the fast track'. The Oregonian. pp. R12.
- ^Barnett, Jim (December 10, 1994). 'Bulging RadiSys Corp. plans to add space, jobs'. The Oregonian. pp. D1.
- ^ ab'RadiSys offers 2.7 million shares as it makes first public offering'. The Oregonian. October 21, 1995. pp. B1.
- ^'RadiSys Corp.'s growth outstrips new quarters; more space leased'. The Oregonian. April 25, 1996. pp. D1.
- ^'RadiSys announces record revenues; company co-founder steps down'. Portland Business Journal. January 31, 1997. Retrieved 2009-07-09.
- ^Miller, Brian K. (October 17, 1997). 'RadiSys' purchase beefs up product potential'. Portland Business Journal. Retrieved 2009-07-09.
- ^'RadiSys to acquire IBM unit'. Portland Business Journal. December 20, 1999. Retrieved 2009-07-09.
- ^Goldfield, Robert (December 8, 2000). 'RadiSys turns its attention toward telecom market'. Portland Business Journal. Retrieved 2009-07-09.
- ^'RadiSys to complete acquisition of S-Link this week'. Portland Business Journal. April 19, 2001. Retrieved 2009-07-09.
- ^'Business Briefs: RadiSys completes offer, acquires Microware Corp'. The Portland Tribune. August 14, 2001. Retrieved 2009-07-10.
- ^Bell, Jon (May 3, 2005). 'Firm's flight to China fits the industry'. The Portland Tribune. Retrieved 2009-07-10.
- ^'RadiSys turns a profit'. Portland Business Journal. January 29, 2003. Retrieved 2009-07-09.
- ^'RadiSys finds a new leader'. Portland Business Journal. October 7, 2002. Retrieved 2009-07-09.
- ^Earnshaw, Aliza (November 15, 2002). 'RadiSys moving away from telecom reliance'. Portland Business Journal. Retrieved 2009-07-09.
- ^'RadiSys sells signaling gateway division'. Portland Business Journal. April 15, 2003. Retrieved 2009-07-09.
- ^Earnshaw, Aliza (November 14, 2003). 'RadiSys offering nets $97 million'. Portland Business Journal. Retrieved 2009-07-09.
- ^Earnshaw, Aliza (September 29, 2006). 'RadiSys puts choice in employee hands'. Portland Business Journal. Retrieved 2009-07-09.
- ^Earnshaw, Aliza (December 2, 2005). 'Damn Wall Street wisdom; RadiSys full speed ahead'. Portland Business Journal. Retrieved 2009-07-09.
- ^Earnshaw, Aliza (August 3, 2007). 'RadiSys investors look for acquisition payoff'. Portland Business Journal. Retrieved 2009-07-09.
- ^Earnshaw, Aliza (August 25, 2006). 'RadiSys deal draws praise from Wall Street analysts'. Portland Business Journal. Retrieved 2009-07-09.
- ^'RadiSys to acquire some of Intel's telecommunication assets'. Portland Business Journal. September 10, 2007. Retrieved 2009-07-09.
- ^Rogoway, Mike (February 2, 2010). 'RadiSys returned to profitability in fourth quarter'. The Oregonian. Retrieved 3 February 2010.
- ^ abSiemers, Erik (May 3, 2011). 'RadiSys makes $105M deal, gets new CEO'. Portland Business Journal. Retrieved 6 May 2011.
- ^ abSiemers, Erik (October 1, 2012). 'Radisys CEO leaves, CFO Bronson steps in'. Portland Business Journal. Retrieved October 1, 2012.
- ^'Non-cash charge leads to loss at RadiSys'. Portland Business Journal. April 28, 2009. Retrieved 2009-07-09.
- ^www.bizjournals.comhttps://www.bizjournals.com/portland/news/2019/08/06/reliance-owned-radisys-taps-ex-ericsson-exec-as.html. Retrieved 2019-08-27.Missing or empty
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(help) - ^Daniels, Guy (2019-07-03). 'Radisys contributes 5G software code to the O-RAN Alliance'. TelecomTV. Retrieved 2019-08-27.