Predict your next investment

See what CB Insights has to offer

Investments

5

Portfolio Exits

2

About Advanced Fibre Communications

Advanced Fibre Communications Headquarter Location

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Advanced Fibre Communications News

Advanced Fibre Communications to acquire AccessLan Communications - Lightwave

Dec 8, 2013

Advanced Fibre Communications to acquire AccessLan Communications March 27, 2002 Advanced Fibre Communications Inc. today announced that it has agreed to acquire privately held AccessLan Communications Inc., developer of carrier-class, multiprotocol network equipment designed for large-scale networks. AFC is acquiring AccessLan for its next-generation technology that addresses ATM switching, Ethernet, PON, DSL, and advanced IP markets. This technology is important to collapsing multiple network elements into a single, cost-effective platform for next-generation networks. AFC's new platform, the Telliant 5000, enables carrier network migration from ATM to IP networking technologies. Per the agreement, AFC will acquire all outstanding shares of AccessLan stock that it does not already own for approximately $43 million in cash and assume approximately $4 million in liabilities. Additionally, all options to purchase shares of AccessLan common stock will be assumed by AFC and will become options to purchase approximately 1.2 million shares of AFC common stock. AFC currently holds a minority interest in AccessLan. This transaction will be accounted for as a purchase and is expected to close in the second quarter of AFC's fiscal 2002. The transaction has been approved by the board of directors of both companies, and is subject to customary closing conditions. "We believe this acquisition is a key strategic move for AFC," contends John Schofield, chairman, president and chief executive officer of AFC. "It provides us with a powerful, central office broadband platform that has strong advantages over legacy products in both cost and performance. AccessLan Communications Inc. (San Jose) targets Local Exchange Carriers, Inter-Exchange Carriers, and Independent Operating Companies with its next-generation approach to supporting mass deployment of broadband services. Headquartered in Petaluma, Calif., Advanced Fibre Communications Inc. designs and manufactures broadband access solutions. For more information, visit the company's Web site at www.afc.com. [Native Advertisement]

Advanced Fibre Communications Investments

5 Investments

Advanced Fibre Communications has made 5 investments. Their latest investment was in BroadLight as part of their Series C on July 7, 2004.

CBI Logo

Advanced Fibre Communications Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/13/2004

Series C

BroadLight

$17.9M

Yes

8/21/2001

Unattributed VC - II

Subscribe to see more

$99M

Subscribe to see more

0

2/17/1999

Series E

Subscribe to see more

$99M

Subscribe to see more

0

9/7/1998

Series D

Subscribe to see more

$99M

Subscribe to see more

0

8/2/1997

Series C

Subscribe to see more

$99M

Subscribe to see more

0

Date

7/13/2004

8/21/2001

2/17/1999

9/7/1998

8/2/1997

Round

Series C

Unattributed VC - II

Series E

Series D

Series C

Company

BroadLight

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$17.9M

$99M

$99M

$99M

$99M

New?

Yes

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

0

0

0

0

Advanced Fibre Communications Portfolio Exits

2 Portfolio Exits

Advanced Fibre Communications has 2 portfolio exits. Their latest portfolio exit was BroadLight on March 22, 2012.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

3/22/2012

Acquired

$99M

2

11/16/1999

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

3/22/2012

11/16/1999

Exit

Acquired

Acquired

Companies

Subscribe to see more

Valuation

$99M

$99M

Acquirer

Subscribe to see more

Sources

2

10

Advanced Fibre Communications Acquisitions

2 Acquisitions

Advanced Fibre Communications acquired 2 companies. Their latest acquisition was AccessLan Communications on May 06, 2002.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/6/2002

Other Venture Capital

$99M

$97.62M

Acquired

3/27/2002

Subscribe to see more

$99M

Subscribe to see more

10

Date

5/6/2002

3/27/2002

Investment Stage

Other Venture Capital

Companies

Subscribe to see more

Valuation

$99M

$99M

Total Funding

$97.62M

Note

Acquired

Subscribe to see more

Sources

10

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.