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Scientific Atlanta company history timeline

1951

Six Georgia Institute of Technology professors created Scientific-Atlanta on October 31, 1951, with plans to sell an instrument that recorded antennae patterns.

One day in 1951, his former physics professor, James Boyd, by now the associate director of the EES, paid a visit.

1952

Robinson agreed on the spot, and with Boyd, EES Director Gerald Rosselot and four other EES staff — and their combined $700 in seed money — Scientific-Atlanta was launched in 1952.

1956

By 1956 the fledgling firm had completed development of its first product, built its first plant, and amassed 30 employees.

1962

Scientific Atlanta grew dramatically; it earned $3.1 million in revenue in 1962 and approximately $200 million when Robinson left.

1971

In 1971 Sidney Topol, an executive at the Raytheon Company with a background in physics and satellite technology, was named president of Scientific-Atlanta.

1972

The company's profits ballooned by 40 percent a year from 1972 on as Scientific-Atlanta came to dominate the market it had largely pioneered.

1973

In 1973 the company displayed a portable satellite earth station at a communications trade show in California.

1976

In 1976, as sales rose to more than $45 million, the company greatly expanded its manufacturing, laboratory, and office space at its headquarters.

1978

By the end of 1978 Scientific-Atlanta's sales had reached $94.2 million, with earnings of $5 million.

In late 1978, he was authorized to pursue the formation of the group.

1979

In March 1979, an organizational meeting was held to determine the focus of the group and make plans for the first event.

The Antenna Measurement Techniques Association was founded in 1979 by Joe Pape of Scientific-Atlanta, Inc. in Georgia, USA and a group of individuals who had a common interest in advancing the art of antenna measurements.

By the start of 1979 Scientific-Atlanta's operations employed 2,700 people.

Glen P. Robinson was the CEO of Scientific Atlanta for 20 years, and chairman of the board for an additional eight years, until he retired from the company in 1979.

1980

Schuyten, Peter J., “Scientific Atlanta’s New Look,” New York Times, January 7, 1980.

The second annual symposium was held October 14–15, 1980 in Redondo Beach, CA and hosted approximately 80 members (click here for the 1980 AMTA Membership List).

By 1980, Scientific-Atlanta was the largest cable satellite stations supplier in the world.

1982

Quality control issues with set-top boxes (units placed on top of television sets to receive cable channel broadcasts) began to plague the firm; in 1982, these problems resulted in Scientific-Atlanta's first quarterly loss in 13 years.

1986

Partly as a result of these changes the company posted a net loss in 1986 of $9.2 million.

1986: Scientific-Atlanta begins "retooling, refocusing" under new CEO William Johnson.

1987

Names W.E. Johnson Vice Chairman, Chief,” Wall Street Journal, February 2, 1987.

1989

Nonetheless, by the beginning of the l990s the company's overall performance had improved dramatically as earnings increased 121 percent over the last half of the previous decade to reach $36 million in 1989 and rose again to hit $44.3 million one year later.

1990

Cook, James, “You’ve Got to Knock Off a Few Gas Stations First,” Forbes, March 5, 1990.

1991

In early 1991 the company introduced a satellite network for smaller businesses and began to market signal encoding devices to a number of companies.

Despite new product releases in 1991, sales fell 20 percent, due to reduced spending throughout the cable industry and a weak North American economy.

In the l990s Scientific-Atlanta continued its aggressive development of new technologies to improve its market share. As a result, Scientific-Atlanta planned further restructuring in the form of staff cuts and consolidation of manufacturing operations; but the cost involved in these moves reduced the company's earnings for 1991 to only $l.l million.

1992

"scientific-atlanta." international directory of company histories. detroit: gale research, 1992.

1993

1993: James McDonald becomes CEO, overseas large investment in interactive digital cable technology.

Believing that these interactive services would emerge as a huge growth market, Scientific-Atlanta began developing technology toward that end as early as 1993.

1994

In 1994, the company invested in PowerTV, a Cupertino, California start-up that was developing software and graphics hardware for various makes of digital set-top boxes.

1996

General Instrument introduced the first commercially viable digital settop box in 1996.

1997

By 1997, the company would sell off several units, including its venerable microwave instrumentations unit.

The company made a profit of $81 million on sales of $1.2 billion for the 1997-98 fiscal year, though the stock price seemed undervalued.

1998

Investors regained confidence as sales of the new Explorer, a $350 digital set-top box, took off in late 1998.

1999

Scientific-Atlanta expanded throughout 1999 as demand for both its Explorer cable box and its stock grew.

Demand for set-top boxes began to grow as the economy improved, and Scientific-Atlanta and General Instrument (later part of Motorola) emerged as the two leaders of the set-top box industry, which was worth $3 billion by 1999.

2000

Explorers sales rose in 2000, and so did sales of satellite transmission products.

2000: Scientific-Atlanta expands production several times as digital business booms.

Scientific-Atlanta releases the Explorer 2000 digital set-top box

In 2000, the company sold its satellite ground station and satellite networking businesses to Viasat.

2001

However, some still felt there was room for growth, as only 22 percent of United States cable customers were expected to have digital service by the end of 2001.

2001: Share price falls and layoffs are announced in the wake of falling orders.

In 2001, sales jumped another 46.5 percent, reaching $2.51 billion.

In the first half of 2001, Scientific-Atlanta had secured a 37 percent share of the digital set-top box market.

Analysts started to downgrade Scientific-Atlanta stock in mid-2001.

Net income also skyrocketed between 1999 and 2001, growing more than threefold from $102.3 million to $333.7 million. As a result, the firm's stock price, which had neared record highs early in 2001, began to tumble.

2002

Weakening economic conditions began to undercut sales during the first half of fiscal 2002.

2003

In February 2003, Scientific-Atlanta introduced their first Explorer HD set-top box, which is capable of displaying HDTV programming, at Best Buy stores in the Phoenix metropolitan area.

2004

In March 2004, Scientific-Atlanta launched the Explorer 8000HD, their first set-top box with both DVR and HD.

2005

In its fiscal year 2005, Scientific Atlanta earned $1.36 per common share (diluted).

2006

On February 25, 2006, Cisco Systems announced that it had completed acquisition of Scientific Atlanta in a cash deal that paid $43 per share.

2008

The company was honored at the 2008 Technology & Engineering Emmy Awards for development of interactive video on demand infrastructure and signaling, leading to large scale VOD implementations.

2020

The two day symposium included a Scientific-Atlanta series 2020 Antenna Analyzer User Workshop, an open forum discussion, and tours of local antenna measurement facilities.

AMTA 2020 Papers are Now Available Online in the AMTA Paper Archive

2021

Meet your AMTA 2021 Board of Directors

2022

"Scientific-Atlanta, Inc. ." International Directory of Company Histories. . Retrieved June 21, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/scientific-atlanta-inc-0

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Founded
1951
Company founded
Headquarters
Lawrenceville, GA
Company headquarter
Founders
Glen Robinson,Charles Griffin,Gerald Rosselot,James Boyd,Robert Honer,Lamar Whittle,Vernon Widerquist
Company founders
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