BNET Industries
Market Cap:$70.7M
Last Fiscal Year Sales:$448.2M
- Public
- US
Dow Jones Description
MRV Communications, Inc. (?MRV?) is a leading provider of network equipment and services, and optical components. MRV?s networking business provides equipment used by commercial customers, governments and telecommunications service providers, and include switches, routers, physical layer products and console management products as well as specialized networking products for aerospace, defense and other applications including voice and cellular communication. MRV?s optical components business provides optical communications components, primarily through its wholly owned subsidiary LuminentOIC, Inc, which include fiber optic transceivers for metropolitan, access and Fiber-to-the-Premises applications. MRV markets and sells its products worldwide, through a variety of channels, which include a dedicated direct sales force, manufacturers' representatives, value-added-resellers, distributors and systems integrators. MRV also has operations in Europe that provide network system design, integration and distribution services that include products manufactured by third-party vendors, as well as internally developed and manufactured products. Publicly traded since 1992, MRV is listed on the Nasdaq Global Market under the symbol MRVC.
President & CEONoam Lotan
Number of Employees 2,443
Peer Companies
NAICS Code Semiconductor and Related Device Manufacturing: 334413
Recent Events
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MRV Unveils LambdaDriver Optical Channel Monitor Card
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MRV Communications sees Q1 revenue to exceed upper end of prior outlook; Guides Q2 -...
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MRV Appoints General Counsel
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Mesquite Independent School District Expands Network With Demarcation, Aggregation Solution From MRV
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Texas school district expands network with MRV's OptiSwitch 304
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Mesquite Independent School District Expands Network with Demarcation, Aggregation Solution from MRV
News & Analysis
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mrv communications - All News and Analysis
MRV Communications, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you, sir. Operator instructions And our first question comes from the line of John Harmon with Needham & Company. Please go ahead. John Harmon – Needham & Company Hi, good afternoon. Noam Lotan Hi, John. John Harmon – Needham & Company A...
MRV Partners with Storage Network Industry Association as Official Infrastructure Sponsor at Storage Developer Conference
Leading Network Vendor to Provide Switching Interconnects for Storage Developer Conference CIFS/SMB/SMB2 PlugFest CHATSWORTH, Calif. -- MRV COMMUNICATIONS, INC. (Nasdaq: MRVC), a leading provider of products and services for test lab automation, out-of-band networking, WDM and optical transport, metro Ethernet, and fiber optic components, today announced it will be...
MRV Communications, Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you, sir. Ladies and gentlemen, we will now begin the question-and-answer session. Operator instructions Our first question is from John Harmon with Needham and Company. Please go ahead. John Harmon – Needham & Company Hi, good afternoon. Noam Lotan Hi, John. John Harmon...
MRV Optical Multi-Service Platform Certified for Rural Telecom Networks
USDA Certifies Fiber Driver Product Line to Be Compliant with Technical Standards for Rural Utilities Service CHATSWORTH, Calif. -- MRV COMMUNICATIONS, INC. (Nasdaq: MRVC), a leading provider of products and services for out-of-band networking, optical transport, metro Ethernet, and fiber optic components today announced its Fiber Driver[R] product line...
MRV Communications, Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer Session Operator Thank you, sir. Operator instructions Our first question comes from the line of Jack Whalen [ph] with Alpha One Watch. Please go ahead. Jack Whalen – Alpha One Watch Yes, Noam. Congratulations on the 20th Anniversary. I'd like to see any moves as far...
MRV Communications, Inc. Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Our first question is from John Anthony with Cowen and Company, please go ahead. John Anthony - Cowen & Co Good afternoon guys. Congratulations on the strength across the board. Few quick questions. Given that it’s the end of February here and looking at...
MRV Communications Q3 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Yes, sir. Thank you. We will now begin the question-and-answer session. Operator Instructions. Our first question comes from John Harmon with Needham and Company. Please go ahead with your questions, sir. John Harmon - Needham and Company Hi, good afternoon. Just a couple of quick ones please....
MRV communications' fiber-optic WDM systems and out-of-band management solutions U.S. DoD approved.(BUSINESS)
MRV Communications Inc., a provider of products and services for out-of-band networking, WDM and optical transport, metro Ethernet, fiber-optic components, 10GE and other service-aware networking products, announced that three of its solutions have completed testing by the Joint Interoperability Test Command JITC. JITC is an ...
LinuxWorld Conference & Expo Canada Exhibitor Profiles
TORONTO -- LinuxWorld Conference & Expo takes place April 18 - 20 at the Metro Toronto Convention Centre in Toronto, Canada. For in-depth information about the event, visit http://www.linuxworldcanada.com/. Below are profiles from LinuxWorld Conference & Expo exhibitors; breaking news releases are available at http://www.tradeshownews.com, Business Wire's trade show,...
(www.pinnacle-resources.net) Issues Technical & Quantitative Update for MRV Communications & ViroPharma.
M2 PRESSWIRE-1 December 2003-Pinnacle Resources LP: (www.pinnacle-resources.net) Issues Technical & Quantitative Update for MRV Communications & ViroPharmaC1994-2003 M2 COMMUNICATIONS LTD RDATE:12012003 Pinnacle Resources LP Reports Its Technical & Quantitative Model Results for Today. The following assets showed...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Noam Lotan | President & CEO |
| Guy Avidan | Chief Financial Officer |
| Chris Tenes | Vice President, Sales |
| Todd Rope | Vice President, Technology |
| Igal Shidlovsky | Managing Director |
| David Rodewald | Director, Media Relations |
| Joel Freedenberg | Director of Finance |
| Seth Adler | Sales Director |
| Guenter Jaensch | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Shlomo Margalit | Chairman, Cto & Secretary |
| Baruch Fischer | Board of Directors |
| Daniel Tsui | Board of Directors |
| Harold W. Furchtgott-Roth | Board of Directors |
Mr. Lotan has served as MRV's President, Chief Executive Officer and Director since May 1990. Mr. Lotan also served as Chief Financial Officer from October 1993 through June 1995. From 1987 to 1990, he served as Managing Director of Fibronics (UK) Ltd., the United Kingdom subsidiary of Fibronics International Inc. (Fibronics), a manufacturer of fiber optic communication networks. MRV purchased the Fibronics business in September 1996. From January 1985 to March 1987, Mr. Lotan served as a Director of European Operations for Fibronics. Prior to such time, Mr. Lotan held a variety of sales and marketing positions with Fibronics and Hewlett-Packard. Mr. Lotan holds a Bachelor of Science degree in Electrical Engineering from the Technion, the Israel Institute of Technology and a Master's degree in Business Administration from INSEAD (the European Institute of Business Administration, Fontainebleau, France). Since June 2005, Mr. Lotan has served as a Director for Capstone Turbine Corporation, (Nasdaq: CPST).
| Organization | Position | Status |
|---|---|---|
| MRV Communications, Inc. | President & CEO | Current |
| Source Photonics, Inc. | Chairman | Current |
| MRV Communications, Inc. | Board of Directors | Current |
| Technion-Israel Institute of Technology | Bachelor of Science degree in Electrical Engineering | Former |
Guy Avidan has served as VP and General manager of MRV International since September 2001. Mr. Avidan is focused on the deployment of MRV's Optical Ethernet Access product line worldwide. Prior to that, Mr. Avidan served as the Chief Executive Officer and President and various executive capacities for other subsidiaries of the Company from 1995 to 2001. Mr. Avidan holds a B.A. degree in business management, economics and accounting from Haifa University and also is licensed as a Certified Public Accountant.
| Organization | Position | Status |
|---|---|---|
| MRV Communications, Inc. | Chief Financial Officer | Current |
| MRV Communications, Inc. | Vice President & General Manager, MRV Intl | Former |
A founder, Chairman of the Board of Directors, Chief Technical Officer and Secretary of MRV since MRV's inception in July 1988. From May 1985 to July 1988, Dr. Shlomo Margalit served as a founder and Vice President of Research and Development for LaserCom, Inc. ("LaserCom"), a manufacturer of semiconductor lasers. From 1982 to 1985, Dr. Margalit served as a Senior Research Associate at the California Institute of Technology ("Caltech") and from 1976 to 1982, a Visiting Associate at Caltech. From 1972 to 1982, Dr. Margalit served as a faculty member and Associate Professor at the Technion. During his tenure at the Technion, Dr. Margalit was awarded the "Israel Defense" prize for his work in developing infrared detectors for heat guided missiles and the David Ben Aharon Award for Novel Applied Research. Dr. Margalit holds a Bachelor of Science degree, a Masters degree and a Ph.D. in Electrical Engineering from the Technion.
| Organization | Position | Status |
|---|---|---|
| MRV Communications, Inc. | Chairman, Cto & Secretary | Current |
| Mrv, Inc. | Chief Technical Officer | Former |
| Lasercom | Vice President of Research and Development | Former |
| MRV Communications, Inc. | Founder of the Company | Former |
| Lasercom | founder | Former |
| California Institute of Technology | Associate | Former |
| Technion-Israel Institute of Technology | Faculty Member and Associate Professor | Former |
| MRV Communications, Inc. | Board of Directors | Former |
| Mrv, Inc. | Secretary | Former |
| Technion-Israel Institute of Technology | Ph.D. In Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| MRV Communications, Inc. | Vice President, Sales | Current |
| Organization | Position | Status |
|---|---|---|
| MRV Communications, Inc. | Vice President, Technology | Current |
| Mrv, Inc. | Director of Software Development | Former |
Dr. Igal Shidlovsky serves as Managing Director of Global Technologies, an investment and consulting organization, which he founded in 1994. He has extensive management and consulting experience with international companies and start up technology companies. From 1982 to 1991, Dr. Shidlovsky was a Director of Sentex Sensing Technologies. Dr. Shidlovsky held several executive positions including Vice President Corporate Development at Siemens Pacesetter, a division of Siemens AG Medical Group, Director of Strategic Planning and Technology Utilization and Director of the Microelectronics Department at Siemens Corporate Research. From 1969 to 1982 he was with RCA Laboratories, a leading electronic R&D organization. Dr. Shidlovsky holds a Bachelor of Science degree in Chemistry from the Technion and Master and Ph.D. degrees from the Hebrew University in Israel.
| Organization | Position | Status |
|---|---|---|
| MRV Communications, Inc. | Managing Director | Current |
| MRV Communications, Inc. | Director | Current |
| RCA Laboratories | Former | |
| Hebrew University of Jerusalem | Master and Ph.D. Degrees | Former |
| Technion-Israel Institute of Technology | Bachelor of Science Degree In Chemistry | Former |
| Organization | Position | Status |
|---|---|---|
| MRV Communications, Inc. | Director, Media Relations | Current |
| Organization | Position | Status |
|---|---|---|
| MRV Communications, Inc. | Director of Finance | Current |
| Ecredit.Com, Inc. | Vice President, Finance & Treasurer | Former |
| Ecredit.Com, Inc. | Corporate Controller & Treasurer | Former |
| Ernst & Young | Auditor | Former |
| Organization | Position | Status |
|---|---|---|
| MRV Communications, Inc. | Sales Director | Current |
| 3Com Corporation | Marketing Manager | Former |
Professor Baruch Fischer currently serves as a professor at the Electrical Engineering Facility at the Techniion. Professor Fischer had served as Dean of the Electrical Engineering Faculty at the Technion. Professor FischerÕs current research activities include solid state devices, lasers and optical amplifiers; WDM technology; fiber gratings; "all optical" networks; non-linear effect in fiber, wave mixing; and optical computing, optical data storage and optical image processing. He has authored or co-authored approximately 180 papers and holds several patents in the field of optics and opto-electronics. He received his Ph.D. from Bar-Ilan University, Israel in 1980. He subsequently became a Post-Doctorate Fellow at CalTech and joined the faculty of the Technion in 1983.
| Organization | Position | Status |
|---|---|---|
| MRV Communications, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Chiamonline | Current | |
| MRV Communications, Inc. | Board of Directors | Current |
| American Physical Society | fellow | Former |
| University of Chicago | research associate | Former |
| American Physical Society | fellow | Former |
| University of Chicago | Ph.D. in physics | Former |
| Princeton University | Ph.D. degree in physics | Former |
Dr. Guenter Jaensch, Chairman of the Board, has been with Siemens for more than 25 years holding a number of executive positions with this company in Europe and in the United States. Among his assignments were service as President of Siemens Communications Systems, Inc.; President and Chairman of Siemens Corporate Research and Support, Inc.; Chairman and CEO of Siemens Pacesetter, Inc.; and head of the Cardiac Arrhythmia Division of Siemens AG Medical Group. Dr. Jaensch also served as Executive Director of Siemens Worldwide Accounting and Budgeting Operations and as controller of Siemens Data Systems Group. Dr. Jaensch holds a Masters degree in Business Administration and a Ph.D. degree in Business and Finance from the University of Frankfurt; he also taught business for three years. He has been a director of MRV Communications (NASD: MRVC) since 1997 and is a director of BioForce NanoSciences (BFNH.OB).
| Organization | Position | Status |
|---|---|---|
| Biophan Technologies, Inc. | Director and Chairman of the Board | Current |
| Biophan Techs Inc | Chairman of the Biophan Board of Directors | Current |
| Clearly Medical Solutions, Inc. | Director | Current |
| MRV Communications, Inc. | Director | Current |
| Biophan Technologies, Inc. | Director | Current |
| Bioforce Nanosciences Inc | Director | Current |
| Siemens Corporation | Former | |
| St. Jude Medical, Inc. | Former | |
| University of Frankfurt | Ph.D. Degree In Business and Finance | Former |
| University of Frankfurt | Masters Degree In Business Administration | Former |
Mr. Furchtgott-Roth founded Furchtgott-Roth Economic Enterprises in 2003. He frequently consults on issues related to the communications sector of the economy. From 2001-2003, Mr. Furchtgott-Roth was a visiting fellow at the American Enterprise Institute where he completed the writing of A Tough Act to Follow, a book about the difficulties implementing the Telecommunications Act of 1996. From 1997 through 2001, Mr. Furchtgott-Roth served as a commissioner of the Federal Communications Commission. In that capacity, he served on the Joint Board on Universal Service. He is one of the few economists to have served as a federal regulatory commissioner, and the only one to have served on the Federal Communications Commission. Before his appointment to the FCC, he was chief economist for the House Committee on Commerce and a principal staff member on the Telecommunications Act of 1996. Earlier in his career, he was a senior economist with Economists Incorporated and a research analyst with the Center for Naval Analyses. Mr. Furchtgott-Roth is a member of the Washington Legal Foundation's Legal Policy Advisory Board. He is the coauthor of three books: Cable TV: Regulation or Competition, with R.W. Crandall, The Brookings Institution, 1996; Economics of A Disaster: The Exxon Valdez Oil Spill, with B.M. Owen et al, Quorum Books, 1995; and International Trade in Computer Software, with S.E. Siwek, Quorum Books, 1993.
| Organization | Position | Status |
|---|---|---|
| Furchtgott-Roth Economic Enterprises | President | Current |
| Oneida Broadband, LLC. | Chairman and Co-Founder | Current |
| Hudson Institute, Inc. | Senior Fellow | Current |
| Center for Future Security Strategies | Current | |
| Tech Law Journal | Current | |
| MRV Communications, Inc. | Board of Directors | Current |
| Furchtgott-Roth Economic Enterprises | Founder | Former |
| Economists Incorporated | Senior Economist | Former |
| American Enterprise Institute for Public Policy Research | visiting fellow | Former |
| Joint Co | Board of Directors | Former |
| Stanford University | Ph.D. In Economics | Former |
| Massachusetts Institute of Technology | S.B. in economics | Former |
Executive News
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MRV LX 4000T Series Awarded NEBS Certification
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MRV LX 4000T Series Awarded NEBS Certification
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MRV Debuts LambdaDriver Optical Channel Monitor Card for WDM Networks
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MRV Debuts LambdaDriver Optical Channel Monitor Card for WDM Networks
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MRV Suspended from Trading on Nasdaq
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MRV Suspended from Trading on Nasdaq; Begins Trading on Pink Sheets under Symbol MRVC
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MRV Boosts Performance Measurements in OptiSwitch 900 Carrier Ethernet Demarcation Device
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MRV Receives Brocade Data Center Ready Status for LambdaDriver 8 Gbps Fibre Channel Module
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