| Communications Equipment Industry | Information Technology Sector | Keith Henderson CEO | OTC PINK Exchange | 98415E300 CUSIP |
| US Country | 103 Employees | - Last Dividend | - Last Split | 12 Nov 2015 IPO Date |
Xtera Communications, Inc., once a prominent player in the field of optical transport systems, is now in the process of liquidation. Founded in 1998 and based in Allen, Texas, Xtera carved a niche in the telecommunications industry by providing innovative Raman amplification enabled solutions for both terrestrial and submarine networks on a global scale. The journey of the company took a significant turn when, on November 15, 2016, it filed for Chapter 11 bankruptcy, seeking reorganization. However, the case was converted to Chapter 7 on February 21, 2017, marking the transition towards liquidation. This development underscored the challenges faced by Xtera in a competitive and fast-evolving industry.
Xtera Communications, Inc. specialized in delivering cutting-edge optical transport systems designed to enhance the performance and reliability of terrestrial and submarine networks. These systems were recognized for their advanced features and technological innovations.