Telcordia Technologies
 | |
Formerly | Central Services Organization, Inc. (1983) Bell Communications Research, Inc. (1984-1999) |
|---|---|
| Private | |
| Industry | Telecom Research |
| Predecessor | Bell Telephone Laboratories |
| Founded | October 1983 |
| Headquarters | Bridgewater, NJ U.S.A |
Key people | Richard Jacowleff (CEO) |
| Products | Fraud & Identity Numbering Messaging Network & Operations Industry Registries |
| Owners | Ericsson (2012–present) Francisco Partners (16.7%, 2017–present)[1] |
Number of employees | 500+ (2017) |
| Website | iconectiv |
Telcordia Technologies, Inc., doing business as iconectiv, is an American subsidiary of the Swedish telecommunications company Ericsson. The company provides interconnection technology and clearinghouse solutions for numbering plan, routing, call billing, and technical standards coordination between competing telecommunications carriers. Telcordia's headquarters are located in Bridgewater, New Jersey. The company maintains several branches and subsidiaries in the Americas, Europe, and Asia.
Telcordia was formerly known as Bell Communications Research, Inc. or Bellcore. It was the telecommunication research and development company created as part of the break-up of the American Telephone and Telegraph Company (AT&T).
The company has been a major architect of the United States telecommunications system and has pioneered many services, including caller ID, call waiting, mobile number portability and toll-free telephone number (800) service. It offers products and services in the area of network planning and engineering, service assurance, delivery, fulfillment and data management and operations support. Telcordia's software products are designed to solve communications problems, support complex operations missions and system interoperability issues. Telcordia pioneered the prepaid charging system, the Intelligent Network.
Contents
Founding[edit]
Telcordia was created on October 20, 1983, as Central Services Organization.[2] as part of the 1982 Modification of Final Judgment that broke up the Bell System. It later received the name Bell Communications Research. Nicknamed Bellcore, it was a consortium established by the Regional Bell Operating Companies upon their separation from AT&T. Since AT&T retained Bell Laboratories, the operating companies desired a separate research and development facility. Bellcore, the tenth company to register an Internet domain name in com TLD, provided joint research and development, standards setting, training, and centralized government point-of-contact functions for its co-owners, the seven Regional Holding Companies that were themselves divested from AT&T as holding companies for the 22 local Bell Operating Companies.
Bellcore's initial staff and corporate culture were drawn from the nearby Bell Laboratories locations in northern New Jersey, plus additional staff from AT&T and regional operating companies. The company originally had its headquarters in Livingston with dedication by New Jersey Governor Thomas Kean in 1985, but moved its headquarters to Morristown a decade later. Bellcore operated the former Bell System Center for Technical Education in Lisle, Illinois.
Separation from the Baby Bells[edit]
In 1996, the company was provisionally acquired by Science Applications International Corporation (SAIC).[3] The sale was closed one year later, following a regulatory approval process that covered all the states individually. Since the divested company no longer had any ownership connection with the Bell regional companies, the name was officially changed to Telcordia Technologies. in 1999.[4] The headquarters was moved to Piscataway, New Jersey.[5]
Most of the development work in intelligent networks was conducted in the laboratories in Chennai, India and the United States. The former headquarters campus in Piscataway and its offices and laboratories in Red Bank, New Jersey, are former Bell Labs locations that were transferred to Telcordia.
Equal stakes in the company were sold in November 2004 to Providence Equity Partners and Warburg Pincus.
Acquisition by Ericsson[edit]
On June 14, 2011, Ericsson announced an agreement to acquire Telcordia for $1.15 billion.[6] On January 12, 2012, Telcordia became a wholly owned subsidiary of Ericsson.[7] On June 15, 2011, Ericsson announced the completion of the purchase from private-equity firms Providence Equity Partners and Warburg Pincus,[8][9] with the goal to pursue industry trends that include mobile broadband, managed services/outsourcing and global OSS/BSS transformation.[10] The acquisition, which officially closed on January 12, 2012,[11] added about 2,600 employees to Ericsson’s staff.[12] Telcordia was folded into Ericsson’s multimedia unit,[13] now called Support Solutions.[14] On June 4, 2012, Telcordia and its products were officially rebranded as Ericsson.[15]
In the process of integration, Telcordia’s Advanced Technology Solutions business unit, the company’s research arm, was rebranded as Applied Communication Sciences, and became a wholly owned subsidiary of Ericsson that operated operating independently on day-to-day operations pursuant to a proxy structure mandated by the U.S. government.[16] In October 2012, Applied Communication Sciences relocated its headquarters to Basking Ridge, New Jersey, occupying the former headquarters of AT&T Wireless.
In February 2013, Ericsson launched iconectiv as the new name for its interconnection business.[17] During this time, Ericsson maintained its corporate presence in Piscataway, New Jersey, where Telcordia was headquartered.
Relocation[edit]
In July 2017, iconectiv moved its headquarters from Piscataway to Bridgewater, New Jersey.[18]
Francisco Partners investment[edit]
On August 10, 2017, Francisco Partners announced a $200 million investment in iconectiv and received a 16.7 percent ownership stake in the company.[19]
Notable clients[edit]
In 2015, Telcordia won a contract procured by the Federal Communications Commission (FCC) to operate the Number Portability Administration Center (NPAC).[20] The service had been operated by Neustar Inc. for 18 years.
Telcordia was awarded the contract from CTIA to provide Common Short Code (CSC) Registry Services, effective January 1, 2016.[21]
See also[edit]
References[edit]
- ^ "Francisco Partners buys 16.7% stake in Ericsson's iconectiv". Telecompaper.com. Retrieved 29 September 2017.
- ^ Restated Articles of incorporation of Bell Communications Research, Inc.
- ^ Dr. J. Robert Beyster with Peter Economy (2007). The SAIC Solution: How We Built an $8 Billion Employee-Owned Technology Company. John Wiley & Sons. ISBN 978-0470097526.
- ^ State of Delaware, Office of the Secretary of State, March 17, 1999
- ^ Tim McElligott & Jason Meyers, BELLCORE 3.0, Connected Planet, September 22, 2003 – accessed July 8, 2010
- ^ Ericsson to acquire Telcordia, press release, Ericsson, 2011-06-14
- ^ "Ericsson closes Telcordia acquisition". 2012-01-12.
- ^ "Ericsson to Acquire Telcordia for $1.15 Billion". New York Times. Retrieved 2012-08-30.
- ^ "Ericsson Says It Will Buy Telcordia for $1.15 Billion". Wall Street Journal. Retrieved 2012-08-30.
- ^ "Ericsson deepens back-office focus with Telcordia acquisition". Connected Planet. Retrieved 2012-08-30.
- ^ "Ericsson closes Telcordia acquisition for US $1.15bn after short delay". Vanilla Plus. Retrieved 2012-08-30.
- ^ "Ericsson To Buy Telcordia For $1.2 Billion To Add Services". Bloomberg. Retrieved 2012-08-30.
- ^ "Ericsson Completes Telcordia Purchase". Billing & OSS World. Retrieved 2012-08-30.
- ^ "Ericsson Forms Support Business Unit Around Billing Systems". Bloomberg. Retrieved 2012-08-30.
- ^ "Say Goodbye To Telcordia". Light Reading. Retrieved 2012-08-30.
- ^ "Telcordia Applied Communication Sciences Becomes Wholly Owned Subsidiary Of Telcordia Technologies". OSS News Review. Retrieved 2012-08-30.
- ^ Interconnection solutions renamed iconectiv
- ^ "Global Piscataway Telecommunications Firm Moving to Bridgewater". iconectiv.com. Retrieved 2017-08-04.
- ^ "Francisco Partners completes investment in Ericsson's iconectiv business". Ericsson.com. Retrieved 29 September 2017.
- ^ Kasra Kangarloo (2015-03-26). "NeuStar loses bid for lucrative contract after FCC recommendation". Washington Business Journal. Retrieved 2015-06-23.
- ^ "CTIA names Iconectiv to manage short-code registry". Telecompaper. 31 July 2015. Retrieved 4 May 2016.
