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Ascom Timeplex history
Ascom Timeplex company history timeline
Timeplex, founded in 1969, had been at the forefront of providing private backbone communications networks.
The two companies merged operations July 1, 1987, and the merger was effected retroactively to January 1 of that year.
Unisys bought Timeplex in January 1988 with $330 million in Unisys stock.
In 1990 Ascom acquired a majority position with the German energy-systems company Frako GmbH, and it assumed management responsibilities for the French service-automation company Monétel.
Interested primarily in its synchronous digital hierarchy (SDH) transmissions equipment, Ascom entered a joint venture with the Swedish firm Ericsson in late 1991.
Ascom's sales in 1991 rose three percent to SFr 3.05 billion, with cash flow reaching SFr 282 million.
Ascom experienced a difficult year in 1992, when it lost SFr 46 million and its stock did not pay a dividend.
In early 1993 Ascom announced a joint venture with LK Products, a subsidiary of the Finnish firm Nokia, to develop its position in the worldwide SAW (surface acoustical wave) components market.
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Ascom Timeplex competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| MCNC | 1980 | $50.0M | 144 | 4 |
| PowerFleet | 1993 | $135.2M | 160 | - |
| Teltronics | 1969 | $220,000 | 7 | - |
| Scientific Atlanta | 1951 | $1.9B | 9,784 | - |
| COMSAT | 1962 | $31.0M | 1,000 | - |
| ETSI | 1988 | $1.4M | 50 | - |
| Harris Communications | 2001 | $1.6M | 35 | - |
| ADTRAN | 1985 | $529.0M | 2,001 | 26 |
| United States Information Technology Office | 1994 | $5.0M | 5 | - |
| TSS Solutions | 1991 | $8.0M | 103 | 4 |
Zippia gives an in-depth look into the details of Ascom Timeplex, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Ascom Timeplex. The employee data is based on information from people who have self-reported their past or current employments at Ascom Timeplex. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Ascom Timeplex. The data presented on this page does not represent the view of Ascom Timeplex and its employees or that of Zippia.
Ascom Timeplex may also be known as or be related to Ascom, Ascom (us) Inc. and Ascom Timeplex.