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Home > Company Index > Computer Hardware > Networking & Communication Devices > Paradyne Networks, Inc.

Paradyne Networks, Inc.
Nasdaq: PDYN
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 PROFILE
Paradyne Networks gets the mired wired. The company makes network access products for high-speed data transmission. Its Hotwire digital subscriber line equipment uses existing copper phone lines to deliver broadband access. Its FrameSaver hardware and software monitors and measures network service performance. Paradyne sells its products worldwide, primarily to network service providers (almost 80% of sales) such as Rhythms NetConnections (17%), and to businesses including Lucent Technologies and spinoff Avaya (20%). Broadband products account for nearly 80% of sales. The company is a former subsidiary of both AT&T and Lucent. Entities associated with Texas Pacific Group own 34% of Paradyne.

 COMPETITION
ADC Telecommunications, Inc. (ADCT)
ADTRAN, Inc. (ADTN)
Alcatel (ALA)

 DEALS
Deal: Paradyne Buys Control Resources
Date Announced: 04.06.00
Value of transaction (US $Mil): 9
Description: Broadband Internet access technology firm acquires broadband network access firm for $9 million.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 247.70
1-Yr. Sales Growth: 9.7%
Employees: 869
Revenue per employee: $285,040.28

 KEY PEOPLE
• Sean E. Belanger
    CEO
• Patrick M. Murphy
    CFO

 CONTACT INFO
8545 126th Ave. North
Largo, FL 33773
US
Phone: 727-530-2000
Fax: 727-530-8216
Online: Web Site

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