History
In 2000, Overture was launched by co-founders Jeff Reedy and Prayson Pate to develop solutions designed to help service providers and network operators transition to an all-packet network. In December 2008, Overture Networks acquired Ceterus Networks, a Richardson, Texas-based manufacturer of Carrier Ethernet equipment and technologies for mobile backhaul. In March 2011, Overture merged with Hatteras Networks, the number one-ranked Ethernet over Copper market leader and manufacturer of Ethernet service delivery solutions for the Carrier Ethernet, Metro Ethernet, and DSLAM and mobile wireless backhaul markets. Post-merger, the unified company operated under the Overture Networks name until February 2012, when a rebranding initiative was announced. Marking the final integration of the two companies, Overture introduced a new logo, color palette, company blog, and tagline, "Overture - An Entrance to a Smarter Network", and informally dropped "Networks" from its name.
Beginning in 2008, and continuing through 2009, 2010, and 2011, Overture was named as the number one provider of Ethernet over TDM (EoTDM) access circuits and Ethernet over bonded copper pair (EoC) platforms by analyst firm Heavy Reading.
In September 2012, Overture appointed former Ciena Corporation Senior VP of Global Field Operations, General Manager of Global Government Solutions, and VP of Americas, Mike Aquino, as its new President and Chief Executive Officer (CEO).
Overture announced the company's entry into the Software-Defined Networking (SDN) space in March 2012 with the launch of a new product, Ensemble OSA. Ensemble OSA is an open architecture based on open API standards like OpenFlow and has three layers, which may include Overture-developed components, as well as those developed by service providers or third-party vendors. Overture followed this with the release of the Overture 6500, the first Ensemble OSA-ready platform and the inaugural product in its Open Service Delivery Family product line.
Read more about this topic: Overture Networks
Famous quotes containing the word history:
“The history of a soldier’s wound beguiles the pain of it.”
—Laurence Sterne (1713–1768)
“Let us not underrate the value of a fact; it will one day flower in a truth. It is astonishing how few facts of importance are added in a century to the natural history of any animal. The natural history of man himself is still being gradually written.”
—Henry David Thoreau (1817–1862)
“This above all makes history useful and desirable: it unfolds before our eyes a glorious record of exemplary actions.”
—Titus Livius (Livy)