 | |
| Type | Public |
|---|---|
| OTC Pink: WSTL | |
| Industry | Communication Equipment |
| Founded | October 1980 |
| Headquarters | Aurora, Illinois, United States |
Key people | Timothy Duitsman, President and CEO |
| Products | In-building wireless, intelligent site management, Communication Network Solutions[buzzword] |
| Revenue | US$29.96 million (2020)[1] |
Westell Technologies, Inc. is an Aurora, Illinois company that provides telecommunications equipment for in-building wireless, intelligent site management, cell site optimization, and outside plant solutions.[buzzword] Westell was the last company to manufacture DSL modems in the United States; however, on May 21, 2007, Westell announced plans to outsource manufacturing.[2][3]
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Transcription
History
Westell was founded in October 1980 in Willowbrook, Illinois, and initially produced electronic equipment used for signaling and transmission on telephone lines leased to private customers. Clinton Penny, who had previously founded Wescom Switching, founded Westell.[4] Beginning in 1992, Westell began developing ADSL products. By the time of its initial public offering (IPO) in 1995, Westell was a prominent DSLAM manufacturer. The company moved out of this business in the wake of the stock market downturn of 2002, and then focused primarily on manufacturing cell site optimization equipment, Ethernet connectivity products, intelligent site management and a series of outdoor enclosure and cabinets.
In 2013, Westell acquired Kentrox Inc., a Dublin-based site management services company, for $30 million.[5]
References
- ^ "Westell Technologies, Inc". dnb.com. Retrieved 14 March 2023.
- ^ "Westell Technologies Reports 1st Quarter Fiscal 2008 Results". 25 July 2007.
- ^ reporter, Jon Van, Tribune staff (22 May 2007). "Westell to close Aurora factory". chicagotribune.com. Retrieved 2021-09-28.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ Meg McSherry Breslin (January 5, 1998). "Clinton Penny, Former President Of Wescom Inc". Chicago Tribune. Retrieved July 15, 2013.
- ^ Weese, Evan (Mar 18, 2013). "Dublin-based Kentrox acquired by Westell Technologies for $30M". bizjournals.com. Columbus Business First. Retrieved 14 March 2023.
This page was last edited on 16 July 2023, at 16:05