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EXFO

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EXFO
File:Exfo logo small.png
ISIN🆔
Founded 📆
Founder 👔
Area served 🗺️
Products 📟 Network testing: optical, transport, datacom, copper, xDSL, IP triple-play
R&D and manufacturing testing: 3G, LTE optical, transport, datacom, IMS, VoIP
Service assurance: Monitoring systems for voice, video, data and mobile services
Members
Number of employees
🌐 Website[Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] 
📇 Address
📞 telephone

EXFO is a telecommunications company that develops test, monitoring and analytics equipment and software for fixed and mobile network operators, hyperscaler companies, and leaders in the manufacturing, development and research sector.[1] EXFO is headquartered in Quebec City, Canada and has approximately 2,000 employees in 25 countries.[2]

History[edit]

EXFO was founded in 1985 as EXFO Génie Électro-Optique by entrepreneur Germain Lamonde[3] after completing his master's degree in optics at Université Laval.[4][5] The company's first products were handheld wattmeters and optical source testers, followed by handheld instruments for measuring fiber integrity.[5] In 1996, EXFO started designing products for optical component and optical system research and development and manufacturing.

In 2000, EXFO became a publicly traded company on NASDAQ and the TSX.[6] In 2001, EXFO acquired Avantas Networks Corporation for approximately US$65 million.[7] This acquisition allowed EXFO to serve the fiber optic protocol layer testing sector, increasing its market size.[7]

Between 2006 and 2009, EXFO acquired Consultronics Ltd., a copper network testing company whose offering complemented EXFO's existing fiber optic products.[8][9] It also acquired Swedish company PicoSolve, which manufactures ultra-high-speed optical sampling oscilloscopes for 40G and 100G networks.[10][11] Also at this time, EXFO opened a manufacturing plant in Shenzhen China, the company's first such facility beyond Canada.[12] Between 2010 and 2016, EXFO grew rapidly through acquisitions, adding NetHawk in 2010[13] and ByteSphere and Aito Technologies[14] in 2014.These acquisitions allowed EXFO to add a range of complementary software to its physical products.[14] In 2016, EXFO acquired Absolute Analysis, a manufacturer of test equipment for RF networks.[15][16]

In 2017, Philippe Morin was appointed CEO of EXFO by Germain Lamonde, who became Executive Chairman of the Board.[17][18] In the same year, EXFO acquired Yenista Optics, a manufacturer of optical laboratory equipment located in Lannion, France,[19][20][21] and Ontology Systems.[22][23]

In 2018, EXFO concluded its initial public offering for French company Astellia,[18] a network virtualization expert with a strong presence in the Middle East, Africa and Europe headquartered in Rennes and with offices in Valencia, Spain.[24] In an interview, Philippe Morin emphasized the strategic nature of this acquisition: "We have just strengthened our presence in wireless ahead of the advent of 5G.”[25][16]

In 2019, EXFO joined the O-RAN alliance, a group of network operators including AT&T, China Mobile and Deutsche Telekom whose goal is to create standards for smart RF access networks (smart RANs) to facilitate the deployment of 5G networks.[26]  

EXFO acquired InOpticals in September 2020, a Taiwan-based manufacturer of 400G and 800G laboratory test instruments.[27]      

In September 2021, EXFO's founder Germain Lamonde privatized the company, delisting it from the stock exchanges.[28]

References[edit]

  1. EXFO. "Company". EXFO. Retrieved 2021-10-26.
  2. EXFO. "Join the team - Careers at EXFO". EXFO. Retrieved 2021-10-26.
  3. EXFO. "About EXFO: Our Story". EXFO. Retrieved 2021-10-26.
  4. Gagnon, Jean-Michel Genois. "De 100 $ à 250 M$: EXFO veut croître encore grâce au déploiement du 5G". Le Journal de Québec. Retrieved 2021-10-26.
  5. 5.0 5.1 EXFO. "Early beginnings | Our story". EXFO. Retrieved 2021-10-26.
  6. "StorageNetworks climbs 234% in debut - Jun. 30, 2000". money.cnn.com. Retrieved 2021-10-26.
  7. 7.0 7.1 "StackPath". www.lightwaveonline.com. Retrieved 2021-10-26.
  8. "Exfo acquires testing firm Consultronics". The Globe and Mail. 2006-01-09. Retrieved 2021-10-26.
  9. "StackPath". www.lightwaveonline.com. Retrieved 2021-10-26.
  10. "En bref - Exfo acquiert PicoSolve". Le Devoir (in français). Retrieved 2021-10-26.
  11. "StackPath". www.lightwaveonline.com. Retrieved 2021-10-26.
  12. "EXFO launches Shenzhen plant". www.chinadaily.com.cn. Retrieved 2021-10-26.
  13. "Exfo acquires wireless test specialist NetHawk Oyj". Electrical Business. 2010-03-22. Retrieved 2021-10-26.
  14. 14.0 14.1 "EXFO acquiert les actifs d'Aito Technologies | Direction Informatique - Actualités". Direction Informatique | technologies de l'information, TI, communications, stratégies (in français). 2014-06-23. Retrieved 2021-10-26.
  15. "StackPath". www.lightwaveonline.com. Retrieved 2021-10-26.
  16. 16.0 16.1 "EXFO touts the benefits of Astellia acquisition at MWC". www.telecomreview.com. Retrieved 2021-10-26.
  17. "Philippe Morin, nouveau PDG d'EXFO". TVA Nouvelles. Retrieved 2021-10-26.
  18. 18.0 18.1 "Un nouveau PDG pour EXFO". magazineprestige.com (in français). Retrieved 2021-10-26.
  19. ETATS-UNIS, Publié par Frédéric Fassot | 4 Oct 2017 |; FRANCE; INSTRUMENTATION; RACHAT (2017-10-04). "Exfo a bouclé l'acquisition de Yenista Optics à Lannion". VIPress.net (in français). Retrieved 2021-10-26.
  20. "StackPath". www.lightwaveonline.com. Retrieved 2021-10-26.
  21. "Exfo rachète Yenista Optics | Direction Informatique - Actualités". Direction Informatique | technologies de l'information, TI, communications, stratégies (in français). 2017-10-03. Retrieved 2021-10-26.
  22. "EXFO acquires Ontology Systems for network automation". Fibre Systems. 2017-03-02. Retrieved 2021-10-26.
  23. "StackPath". www.lightwaveonline.com. Retrieved 2021-10-26.
  24. "EXFO complète l'acquisition d'Astellia: d'un seul employé à plus de 2000 aujourd'hui". Le Soleil (in français). 2018-02-28. Retrieved 2021-10-26.
  25. "Grande entrevue | Philippe Morin, PDG d'EXFO - Bien en selle pour l'arrivée du 5G". La Presse (in français). 2018-03-20. Retrieved 2021-10-26.
  26. "O-RAN Alliance welcomes EXFO". Fibre Systems. 2019-02-25. Retrieved 2021-10-26.
  27. "StackPath". www.lightwaveonline.com. Retrieved 2021-11-19.
  28. "EXFO Completes Going-Private Transaction and Begins Delisting of Shares from TSX and NASDAQ" (Press release). CNW Group. August 27, 2021.


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