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Home > Company Index > Telecommunications > Wireless, Satellite & Microwave Communications Equipment > Glenayre Technologies, Inc.

Glenayre Technologies, Inc.
Nasdaq: GEMS
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 NEWS FROM THE STANDARD
Judge Tosses Suit Against RIM
Jul 09 2001 12:43 PM PDT

Glenayre to Cut Workforce by 55%, Discontinue Wireless Message Operations
May 23 2001 06:38 AM PDT

BlackBerry Maker Will Spread Its Tech Seed
May 17 2001 04:08 PM PDT

 PROFILE
The sound of beeping pagers is fading in Glenayre Technologies' ears. The company makes switches, controllers, and transmitters used in paging, voice messaging, message management, and mobile data systems. Paging products account for 51% of sales. Glenayre's Enhanced Services Platform unit makes communications network hardware used to host messaging and calling services such as integrated voice, data, fax messaging, and voice-activated dialing. Customers include the US regional Bell companies, long-distance carriers, and other equipment manufacturers. The company is exiting the wireless messaging equipment business to focus on enhanced services products and is cutting its workforce by 55%.

 COMPETITION
Comverse Technology, Inc. (CMVT)
Lucent Technologies Inc. (LU)
Nortel Networks Corporation (NT)

 DEALS
Deal: Loc8.net and Glenayre To Produce Wireless Location Devices
Date Announced: 09.22.99
Value of transaction (US $Mil): 0
Description: The partnership will create wireless Internet offerings focused on location services.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 251.60
1-Yr. Sales Growth: 5.7%
Employees: 1,300
Revenue per employee: $193,538.46

 KEY PEOPLE
• Eric L. Doggett
    CEO
• Bert C. Klein
    CFO

 CONTACT INFO
5935 Carnegie Blvd.
Charlotte, NC 28209
US
Phone: 704-553-0038
Fax: 704-553-7878
Online: Web Site

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