Private | |
Industry | Next Generation Communications |
Predecessor | Lucent Technologies |
Founded | 2000 |
Headquarters | Santa Clara, California, United States |
Area served
|
Worldwide |
Key people
|
Kevin J. Kennedy CEO Dave Vellequette CFO |
Products | Network equipment for businesses |
Revenue |
$4.371 Billion(FY 2014) (FY 2014) |
$197 million (FY 2014) | |
$ 298 million (FY 2014) | |
Total assets | $7.234 Billion (FY 2014) |
Owner | |
Number of employees
|
11,701 (Sep 2015) |
Subsidiaries | Avaya Government Solutions |
Website | avaya |
Kevin J. Kennedy CEO
$4.371 Billion(FY 2014)
Avaya Inc. (/əˈvaɪ.ə/) is an American multinational technology company headquartered in Santa Clara, California that specializes in Internet telephony, wireless data communications, and Customer Relationship Management (CRM) software. The company also provides business communication solutions for customers.
Avaya currently provides services to organizations at over 1 million customer locations worldwide with operations divided globally in 5 regions and is ranked at #101 on Forbes America's Largest Private Companies.
In 1996, Lucent Technologies was spun off from AT&T. Lucent spun off units of its own in an attempt to restructure its struggling, unprofitable operations. Avaya (formerly referred to as Lucent's enterprise communication group) was spun off in 2000, Management chose the name Avaya "to set the company apart and capture what it was doing – focusing on communications solutions for business customers." Management thought "Avaya" sounded open and fluid—"reflecting a company that’s open-minded and that provides seamless, effortless interconnections among people and businesses."
In October 2007, Avaya was acquired by two private equity firms, TPG Capital and Silver Lake Partners, for $8.2 billion. The company was delisted from the New York Stock Exchange after the acquisition was completed.