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{{redirect|BigBand|the type of musical ensemble|Big band}}
{{redirect|BigBand|the type of musical ensemble|Big band}}
{{short description|defunct American media corporation}}
{{Short description|American media corporation, 1999–2011}}
{{Infobox company
{{Infobox company
| name = BigBand Networks
| name = BigBand Networks
| logo =
| type = [[Private company|Private]]
| type = [[Private company|Private]]
| foundation = 1999, public 2007
| foundation = 1999, public 2007
| location_city = [[Redwood City, California]]
| location_city = [[Redwood City, California]]
| location_country = United States
| location_country = United States
| key_people = Amir Bassan-Eskenazi, President & Co-Founder, Former CEO<br /> Ran Oz, Co-Founder & Former CTO
| key_people = {{Plainlist|
* Amir Bassan-Eskenazi, President & Co-Founder, Former CEO
* Ran Oz, Co-Founder & Former CTO
}}
| industry = [[Digital Video]]<br />[[Cable modem termination system|CMTS]]
| industry = {{Plainlist|
| revenue = {{profit}}[[United States Dollar|US$]]112M <small>(''FY 2010'')</small><ref name="2010IncomeStatmenent">[[wikinvest:stock/BigBand Networks (BBND)/Data/Income Statement|BigBand Networks (BBND) annual SEC income statement filing via Wikinvest.]]</ref>
* [[Digital Video]]
| operating_income = {{loss}}[[United States Dollar|US$]]-30.8M <small>(''FY 2010'')</small><ref name = 2010IncomeStatmenent/>
* [[Cable modem termination system|CMTS]]
| net_income = {{loss}}[[United States Dollar|US$]]-31.6M <small>(''FY 2010'')</small><ref name = 2010IncomeStatmenent/>
}}
| assets = {{decrease}}[[United States Dollar|US$]]181M <small>(''FY 2010'')</small><ref name="2010BalanceSheet">[[wikinvest:stock/BigBand Networks (BBND)/Data/Balance Sheet|BigBand Networks (BBND) annual SEC balance sheet filing via Wikinvest.]]</ref>
| revenue = {{profit}}[[United States Dollar|US$]]112M (''FY 2010'')<ref name="2010IncomeStatmenent">[https://web.archive.org/web/20100525025338/http://www.wikinvest.com/stock/BigBand_Networks_(BBND)/Data/Income_Statement BigBand Networks (BBND) annual SEC income statement filing via Wikinvest.]</ref>
| equity = {{decrease}}[[United States Dollar|US$]]134M <small>(''FY 2010'')</small><ref name = 2010BalanceSheet/>
| operating_income = {{loss}}[[United States Dollar|US$]]-30.8M (''FY 2010'')<ref name = 2010IncomeStatmenent/>
| net_income = {{loss}}[[United States Dollar|US$]]-31.6M (''FY 2010'')<ref name = 2010IncomeStatmenent/>
| assets = {{decrease}}[[United States Dollar|US$]]181M (''FY 2010'')<ref name="2010BalanceSheet">[https://web.archive.org/web/20100525025332/http://www.wikinvest.com/stock/BigBand_Networks_(BBND)/Data/Balance_Sheet BigBand Networks (BBND) annual SEC balance sheet filing via Wikinvest.]</ref>
| equity = {{decrease}}[[United States Dollar|US$]]134M (''FY 2010'')<ref name = 2010BalanceSheet/>
| num_employees = 620 (July 2007)
| num_employees = 620 (July 2007)
| parent = [[Arris Group]]
| parent = [[Arris Group]]
| homepage = {{Url | www.bigbandnet.com}}|
| homepage = {{URL|Bigbandnet.com}}
}}
}}


'''BigBand Networks''' was a [[corporation]] headquartered in [[Redwood City, California|Redwood City]], [[California]], which became a division within [[Arris Group]]. BigBand manufactured and sold digital video and data processing products and services for [[digital video]] and [[cable modem termination system]]s (CMTS).
'''BigBand Networks''' was a [[corporation]] headquartered in [[Redwood City, California|Redwood City]], [[California]], that opened in 1999 and specialized in selling multimedia technologies to [[cable television]] [[multi-system operators]]. It had its [[IPO]] on the [[Nasdaq]] in 2007, which was met with controversy when a [[class-action lawsuit]] alleged that the company violated the [[Securities Act of 1933]]. The company was acquired as a division within [[Arris Group]] in 2011.


BigBand manufactured and sold digital video and data processing products and services for [[digital video]] and [[cable modem termination system]]s (CMTS). During its existence, ''BigBand'' won two [[Emmy Awards]] for its [[video on demand]] service and [[switched video]] technology.
==Description==
BigBand's development centers were assimilated by [[Arris Group]]. The main video products are developed in [[Tel Aviv]], Israel employing roughly 200 people. The main data and voice products development center is in [[Westborough, Massachusetts]] with roughly 175 people.<ref>{{Cite web |last=U.S. Securities and Exchange Commission |date=2 August 2007 |title=BIGBAND NETWORKS REPORTS SECOND QUARTER 2007 FINANCIAL RESULTS |url=https://www.sec.gov/Archives/edgar/data/1381325/000119312507169436/dex991.htm |access-date=13 December 2016 |website=SEC.gov |authorlink1=U.S. Securities and Exchange Commission}}</ref> A third research and development office is located in [[Shenzhen]], China.<ref>{{Cite news |date=2007-03-30 |title=BigBand Networks Expands Presence in China |publisher=Business Wire |url=http://www.allbusiness.com/services/business-services/4308956-1.html}}</ref>


==Description==
===Products and technologies===
BigBand's development centers were assimilated by [[Arris Group]]. The main video products are developed in [[Tel Aviv]], Israel employing roughly 200 people. The main data and voice products development center is in [[Westborough, Massachusetts]] with roughly 175 people.<ref>{{Cite web |last=U.S. Securities and Exchange Commission |date=2 August 2007 |title=BIGBAND NETWORKS REPORTS SECOND QUARTER 2007 FINANCIAL RESULTS |url=https://www.sec.gov/Archives/edgar/data/1381325/000119312507169436/dex991.htm |access-date=13 December 2016 |website=[[SEC.gov]] |authorlink1=U.S. Securities and Exchange Commission}}</ref> A third research and development office is located in [[Shenzhen]], China.<ref>{{Cite news |date=2007-03-30 |title=BigBand Networks Expands Presence in China |publisher=[[Business Wire]] |url=http://www.allbusiness.com/services/business-services/4308956-1.html}}</ref>
The company formerly sold video, voice and data products directly to major cable [[multi system operator]]s (MSOs). Amongst the company's biggest MSO clients were [[Comcast]], [[Time Warner Cable]], [[Cablevision]], [[Cox Communications|Cox]] with [[Verizon Communications|Verizon]] becoming their biggest customer in 2006.


The company formerly sold video, voice, and data products directly to major cable [[multi-system operator]]s (MSOs). Amongst the company's biggest MSO clients were [[Comcast]], [[Time Warner Cable]], [[Cablevision]], [[Cox Communications|Cox]] with [[Verizon Communications|Verizon]] becoming their biggest customer in 2006.
BigBand's main products include a [[digital video]] processing platform called BMR and a [[cable modem termination system]] (CMTS) called Cuda. The video platform enables services such as [[Switched Video]],<ref>{{Cite web |date=2007-07-24 |title=Cablevision Deploys BigBand's Switched Video |url=http://www.convergedigest.com/DSL/lastmilearticle.asp?ID=20445 |url-status=dead |archive-url=https://web.archive.org/web/20070927001601/http://www.convergedigest.com/DSL/lastmilearticle.asp?ID=20445 |archive-date=2007-09-27 |publisher=Converge Network Digest}}</ref> [[Digital Cable]], [[Video on demand]] and [[IPTV]] offered on a variety of transport networks such as [[Quadrature amplitude modulation|QAM]] cable, [[Digital subscriber line|DSL]] and [[Verizon FiOS]].


BigBand's main products include a [[digital video]] processing platform called BMR and a [[cable modem termination system]] (CMTS) called Cuda. The video platform enables services such as [[switched video]],<ref>{{Cite web |date=2007-07-24 |title=Cablevision Deploys BigBand's Switched Video |url=http://www.convergedigest.com/DSL/lastmilearticle.asp?ID=20445 |url-status=dead |archive-url=https://web.archive.org/web/20070927001601/http://www.convergedigest.com/DSL/lastmilearticle.asp?ID=20445 |archive-date=2007-09-27 |publisher=Converge Network Digest}}</ref> [[digital cable]], [[video on demand]] and [[IPTV]] offered on a variety of transport networks such as [[Quadrature amplitude modulation|QAM]] cable, [[Digital subscriber line|DSL]] and [[Verizon Fios]].
BigBand won two [[Emmy Award]]s, one for service in the US with Time Warner Cable "Start Over", enabling [[video on demand]], the ability to pause a broadcast program and watch it later.<ref>{{Cite news |title=Tech Emmys Take the Strip |language=en-us |work=Broadcasting & Cable |url=https://www.broadcastingcable.com/news/tech-emmys-take-strip-44842 |access-date=2018-09-15}}</ref> In 2008, BigBand received the [[Technology & Engineering Emmy Award]] for its [[switched video]] technology which enabled cable operators to deliver unlimited number of broadcast channels to their subscribers.<ref>{{Cite news |title=Winners of the 59th Technology and Engineering Emmy Awards |url=http://www.emmyonline.org/mediacenter/tech_2k7_winners.html |url-status=dead |access-date=2011-03-28 |archive-url=https://web.archive.org/web/20080509070210/http://www.emmyonline.org/mediacenter/tech_2k7_winners.html |archive-date=2008-05-09}}</ref>


BigBand won two [[Emmy Awards]], one for service in the US with Time Warner Cable "Start Over", enabling [[video on demand]], the ability to pause a broadcast program and watch it later.<ref>{{Cite news |title=Tech Emmys Take the Strip |language=en-us |work=Broadcasting & Cable |url=https://www.broadcastingcable.com/news/tech-emmys-take-strip-44842 |access-date=2018-09-15}}</ref> In 2008, BigBand received the [[Technology and Engineering Emmy Award]] for its [[switched video]] technology which enabled cable operators to deliver unlimited number of broadcast channels to their subscribers.<ref>{{Cite news |title=Winners of the 59th Technology and Engineering Emmy Awards |url=http://www.emmyonline.org/mediacenter/tech_2k7_winners.html |url-status=dead |access-date=2011-03-28 |archive-url=https://web.archive.org/web/20080509070210/http://www.emmyonline.org/mediacenter/tech_2k7_winners.html |archive-date=2008-05-09}}</ref>
==IPO and class action lawsuit==


==History==
BigBand went public in March 2007.<ref>{{Cite news |last=Alan Breznick |date=2007-03-15 |title=BigBand IPO: Boing! |publisher=Cable Digital News |url=http://www.lightreading.com/document.asp?doc_id=119597&site=cdn}}</ref> The offering was underwritten by [[Morgan Stanley]], [[Merrill Lynch]], Jeffries & Company, Cowen & Company and [[ThinkEquity]].<ref>{{Cite web |title=BigBand Networks raises $139m on Nasdaq IPO - Globes |url=https://en.globes.co.il/en/article-1000193173 |access-date=2018-09-14 |website=Globes |language=he}}</ref>
===2007 IPO and class action lawsuit===
BigBand went public in March 2007.<ref>{{Cite news |last=Alan Breznick |date=2007-03-15 |title=BigBand IPO: Boing! |publisher=Cable Digital News |url=http://www.lightreading.com/document.asp?doc_id=119597&site=cdn}}</ref> The offering was underwritten by [[Morgan Stanley]], [[Merrill Lynch]], Jeffries & Company, Cowen & Company and [[ThinkEquity]].<ref>{{Cite web |date=15 March 2007 |title=BigBand Networks raises $139m on Nasdaq IPO - Globes |url=https://en.globes.co.il/en/article-1000193173 |access-date=2018-09-14 |website=Globes.co.il |language=he}}</ref>


In October 2007, a class-action shareholder lawsuit was filed on behalf of shareholders who purchased BigBand Network. securities in the company's IPO on March 15, 2007. The lawsuit sought to pursue remedies under the [[Securities Act of 1933]]. The complaint alleged BigBand violated the Securities Act, and that company insiders including the CEO, CFO and CTO knowingly published misleading and false statements about the company's financial health and product offerings. In particular, the complaint alleged that BigBand materially misstated their revenues, and engaged, among other allegations, in the practice informally known as [[channel stuffing]] to artificially inflate their financials prior to IPO. The suit was settled in 2009, with BigBand agreeing to pay US$1.5 million.<ref>{{Cite news |title=BigBand Settles Shareholder Lawsuit |language=en-us |work=Multichannel |url=https://www.multichannel.com/news/bigband-settles-shareholder-lawsuit-258823 |access-date=2018-09-14}}</ref>
In October 2007, a class-action shareholder lawsuit was filed on behalf of shareholders who purchased BigBand Network securities in the company's IPO on March 15, 2007. The lawsuit sought to pursue remedies under the [[Securities Act of 1933]]. The complaint alleged BigBand violated the Securities Act, and that company insiders including the CEO, CFO and CTO knowingly published misleading and false statements about the company's financial health and product offerings. In particular, the complaint alleged that BigBand materially misstated their revenues, and engaged, among other allegations, in the practice informally known as [[channel stuffing]] to artificially inflate their financials prior to IPO. The suit was settled in 2009, with BigBand agreeing to pay US$1.5 million.<ref>{{Cite news |title=BigBand Settles Shareholder Lawsuit |language=en-us |publisher=[[Multichannel News]] |url=https://www.multichannel.com/news/bigband-settles-shareholder-lawsuit-258823 |access-date=2018-09-14}}</ref>


In 2007, BigBand sued a firm started by ex-employees. The firm, called Imagine Communications, was allegedly infringing on 3 of BigBand's patents covering video processing and bandwidth management techniques.<ref>{{Cite news |last=Todd Spangler |date=2007-06-05 |title=BigBand Sues Firm Started by Ex-Employees |publisher=Multichannel News |url=http://www.multichannel.com/article/CA6449124.html}}</ref>
In 2007, BigBand sued a firm started by ex-employees. The firm, called Imagine Communications, was allegedly infringing on 3 of BigBand's patents covering video processing and bandwidth management techniques.<ref>{{Cite news |last=Todd Spangler |date=2007-06-05 |title=BigBand Sues Firm Started by Ex-Employees |publisher=[[Multichannel News]] |url=http://www.multichannel.com/article/CA6449124.html}}</ref>


==Acquisition==
===Acquisition by Arris Group===
In 2011 the acquisition of BigBand by [[Arris Group]] was completed for $172 million, with Arris paying $53 million for the acquisition of BigBand's outstanding shares.<ref>{{Cite news |date=22 November 2011 |title=ARRIS Completes BigBand Acquisition |work=[[Yahoo! Finance]] |agency=ZACKS |url=https://finance.yahoo.com/news/Arris-Completes-BigBand-zacks-2255026094.html |access-date=15 December 2011}}</ref>
In 2011 the acquisition of BigBand by [[Arris Group]] was completed for $172 million, with Arris paying $53 million for the acquisition of BigBand's outstanding shares.<ref>{{Cite news |date=22 November 2011 |title=ARRIS Completes BigBand Acquisition |work=[[Yahoo! Finance]] |agency=ZACKS |url=https://finance.yahoo.com/news/Arris-Completes-BigBand-zacks-2255026094.html |access-date=15 December 2011}}</ref>


== Publications ==
==Publications==
* Network Design For A Multiplicity Of Services (2003)<ref>{{Cite web |title=Paper - Network Design For A Multiplicity Of Services - NCTA Technical Papers |url=https://www.nctatechnicalpapers.com/Paper/2003/2003-network-design-for-a-multiplicity-of-services |access-date=2018-09-14 |website=www.nctatechnicalpapers.com}}</ref>
* Network Design for a Multiplicity of Services (2003)<ref>{{Cite web |title=Paper - Network Design For A Multiplicity Of Services - NCTA Technical Papers |url=https://www.nctatechnicalpapers.com/Paper/2003/2003-network-design-for-a-multiplicity-of-services |access-date=2018-09-14 |website=NCTATechnicalPapers.com}}</ref>
* The Triple-Play Network Platform (2004)<ref>{{Cite web |title=Paper - The Triple-Play Network Platform - NCTA Technical Papers |url=https://www.nctatechnicalpapers.com/Paper/2004/2004-the-triple-play-network-platform |access-date=2018-09-14 |website=www.nctatechnicalpapers.com}}</ref>
* The Triple-Play Network Platform (2004)<ref>{{Cite web |title=Paper - The Triple-Play Network Platform - NCTA Technical Papers |url=https://www.nctatechnicalpapers.com/Paper/2004/2004-the-triple-play-network-platform |access-date=2018-09-14 |website=NCTATechnicalPapers.com}}</ref>
* The Statistics of Switched Broadcast (2005)<ref>{{Cite news |title=The Statistics of Switched Broadcast - 2005 |language=en |work=docslide.us |url=https://docslide.us/documents/the-statistics-of-switched-broadcast-2005.html |access-date=2018-09-14}}</ref>
* The Statistics of Switched Broadcast (2005)<ref>{{Cite news |title=The Statistics of Switched Broadcast - 2005 |language=en |work=docslide.us |url=https://docslide.us/documents/the-statistics-of-switched-broadcast-2005.html |access-date=2018-09-14}}</ref>
* Advanced Monitoring Of Switched Broadcast Systems (2007)<ref>{{Cite web |title=Paper - Advanced Monitoring Of Switched Broadcast Systems - NCTA Technical Papers |url=https://www.nctatechnicalpapers.com/Paper/2007/2007-advanced-monitoring-of-switched-broadcast-systems |access-date=2018-09-14 |website=www.nctatechnicalpapers.com}}</ref>
* Advanced Monitoring of Switched Broadcast Systems (2007)<ref>{{Cite web |title=Paper - Advanced Monitoring Of Switched Broadcast Systems - NCTA Technical Papers |url=https://www.nctatechnicalpapers.com/Paper/2007/2007-advanced-monitoring-of-switched-broadcast-systems |access-date=2018-09-14 |website=NCTATechnicalPapers.com}}</ref>


== References ==
==References==
{{Reflist}}
{{Reflist}}


== External links ==
==External links==
* {{Official website}}
* {{Official website}}
* {{URL|https://web.archive.org/web/20101205100557/http://www.bigbandnet.com|Archive of BigBangNetworks official website}}
* {{URL|https://web.archive.org/web/20101205100557/http://www.bigbandnet.com|Archive of BigBangNetworks official website}}

Latest revision as of 18:54, 14 May 2024

BigBand Networks
Company typePrivate
Industrie
Gegründet1999, public 2007
Hauptsitz,
Vereinigte Staaten
Key people
  • Amir Bassan-Eskenazi, President & Co-Founder, Former CEO
  • Ran Oz, Co-Founder & Former CTO
RevenueIncreaseUS$112M (FY 2010)[1]
DecreaseUS$-30.8M (FY 2010)[1]
DecreaseUS$-31.6M (FY 2010)[1]
Total assetsDecreaseUS$181M (FY 2010)[2]
Total equityDecreaseUS$134M (FY 2010)[2]
Number of employees
620 (July 2007)
ParentArris Group
Websitebigbandnet.com

BigBand Networks was a corporation headquartered in Redwood City, California, that opened in 1999 and specialized in selling multimedia technologies to cable television multi-system operators. It had its IPO on the Nasdaq in 2007, which was met with controversy when a class-action lawsuit alleged that the company violated the Securities Act of 1933. The company was acquired as a division within Arris Group in 2011.

BigBand manufactured and sold digital video and data processing products and services for digital video and cable modem termination systems (CMTS). During its existence, BigBand won two Emmy Awards for its video on demand service and switched video technology.

Description

[edit]

BigBand's development centers were assimilated by Arris Group. The main video products are developed in Tel Aviv, Israel employing roughly 200 people. The main data and voice products development center is in Westborough, Massachusetts with roughly 175 people.[3] A third research and development office is located in Shenzhen, China.[4]

The company formerly sold video, voice, and data products directly to major cable multi-system operators (MSOs). Amongst the company's biggest MSO clients were Comcast, Time Warner Cable, Cablevision, Cox with Verizon becoming their biggest customer in 2006.

BigBand's main products include a digital video processing platform called BMR and a cable modem termination system (CMTS) called Cuda. The video platform enables services such as switched video,[5] digital cable, video on demand and IPTV offered on a variety of transport networks such as QAM cable, DSL and Verizon Fios.

BigBand won two Emmy Awards, one for service in the US with Time Warner Cable "Start Over", enabling video on demand, the ability to pause a broadcast program and watch it later.[6] In 2008, BigBand received the Technology and Engineering Emmy Award for its switched video technology which enabled cable operators to deliver unlimited number of broadcast channels to their subscribers.[7]

History

[edit]

2007 IPO and class action lawsuit

[edit]

BigBand went public in March 2007.[8] The offering was underwritten by Morgan Stanley, Merrill Lynch, Jeffries & Company, Cowen & Company and ThinkEquity.[9]

In October 2007, a class-action shareholder lawsuit was filed on behalf of shareholders who purchased BigBand Network securities in the company's IPO on March 15, 2007. The lawsuit sought to pursue remedies under the Securities Act of 1933. The complaint alleged BigBand violated the Securities Act, and that company insiders including the CEO, CFO and CTO knowingly published misleading and false statements about the company's financial health and product offerings. In particular, the complaint alleged that BigBand materially misstated their revenues, and engaged, among other allegations, in the practice informally known as channel stuffing to artificially inflate their financials prior to IPO. The suit was settled in 2009, with BigBand agreeing to pay US$1.5 million.[10]

In 2007, BigBand sued a firm started by ex-employees. The firm, called Imagine Communications, was allegedly infringing on 3 of BigBand's patents covering video processing and bandwidth management techniques.[11]

Acquisition by Arris Group

[edit]

In 2011 the acquisition of BigBand by Arris Group was completed for $172 million, with Arris paying $53 million for the acquisition of BigBand's outstanding shares.[12]

Publications

[edit]
  • Network Design for a Multiplicity of Services (2003)[13]
  • The Triple-Play Network Platform (2004)[14]
  • The Statistics of Switched Broadcast (2005)[15]
  • Advanced Monitoring of Switched Broadcast Systems (2007)[16]

References

[edit]
  1. ^ a b c BigBand Networks (BBND) annual SEC income statement filing via Wikinvest.
  2. ^ a b BigBand Networks (BBND) annual SEC balance sheet filing via Wikinvest.
  3. ^ U.S. Securities and Exchange Commission (2 August 2007). "BIGBAND NETWORKS REPORTS SECOND QUARTER 2007 FINANCIAL RESULTS". SEC.gov. Retrieved 13 December 2016.
  4. ^ "BigBand Networks Expands Presence in China". Business Wire. 2007-03-30.
  5. ^ "Cablevision Deploys BigBand's Switched Video". Converge Network Digest. 2007-07-24. Archived from the original on 2007-09-27.
  6. ^ "Tech Emmys Take the Strip". Broadcasting & Cable. Retrieved 2018-09-15.
  7. ^ "Winners of the 59th Technology and Engineering Emmy Awards". Archived from the original on 2008-05-09. Retrieved 2011-03-28.
  8. ^ Alan Breznick (2007-03-15). "BigBand IPO: Boing!". Cable Digital News.
  9. ^ "BigBand Networks raises $139m on Nasdaq IPO - Globes". Globes.co.il (in Hebrew). 15 March 2007. Retrieved 2018-09-14.
  10. ^ "BigBand Settles Shareholder Lawsuit". Multichannel News. Retrieved 2018-09-14.
  11. ^ Todd Spangler (2007-06-05). "BigBand Sues Firm Started by Ex-Employees". Multichannel News.
  12. ^ "ARRIS Completes BigBand Acquisition". Yahoo! Finance. ZACKS. 22 November 2011. Retrieved 15 December 2011.
  13. ^ "Paper - Network Design For A Multiplicity Of Services - NCTA Technical Papers". NCTATechnicalPapers.com. Retrieved 2018-09-14.
  14. ^ "Paper - The Triple-Play Network Platform - NCTA Technical Papers". NCTATechnicalPapers.com. Retrieved 2018-09-14.
  15. ^ "The Statistics of Switched Broadcast - 2005". docslide.us. Retrieved 2018-09-14.
  16. ^ "Paper - Advanced Monitoring Of Switched Broadcast Systems - NCTA Technical Papers". NCTATechnicalPapers.com. Retrieved 2018-09-14.
[edit]
  • Official website Edit this at Wikidata
  • Archive of BigBangNetworks official website
  • Business data for BigBand Networks: