Ubiquiti Inc.
NYSE:UI
$ 117.52
+ $0.50 (0.43%)
$ 117.52
+ $0.50 (0.43%)
End-of-day quote: 03/11/2024

About Ubiquiti

Ubiquiti Inc. and its wholly owned subsidiaries (Ubiquiti) develop high performance networking technology for service providers, enterprises and consumers globally. Ubiquiti share price history

The company sells equipment, and provides the related software platforms, worldwide through a network of over 100 distributors, on-line retailers and direct to customers through the company’s webstores. Ubiquiti Inc. is focused on democratizing network technology on a global scale. The company’s devices play a role in creating networking infrastructure in over 200 countries and territories around the world. The company’s professional networking products are powered by the company’s UISP and UniFi OS software platforms to provide high-capacity distributed Internet access and unified information technology management, respectively.

The company develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home and personal use. The company categorizes its solutions into three main categories: high performance networking technology for enterprises, service providers and consumers. The company targets the enterprise and service provider markets through its highly engaged community of service providers, distributors, value added resellers, webstores, systems integrators and corporate IT professionals, which the company refers to as the Ubiquiti Community. The company targets consumers through digital marketing, including through the company’s webstores, retail chains and, to a lesser extent, the Ubiquiti Community.

The company offers a broad and expanding portfolio of networking products and solutions for operator-owners of wireless internet services (‘WISPs’), enterprises and smart homes. The company’s operator-owner service-provider-product platforms provide carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems and routing and the related software for WISP’s to easily control, track and bill their customers. The company’s enterprise product platforms provide wireless LAN (‘WLAN’) infrastructure, video surveillance products, switching and routing solutions, security gateways, door access systems, and other complimentary WLAN products along with a unique software platform, which enables users to control their network from one simple, easy to use software interface. The company’s consumer products are targeted to the smart home and highly connected consumers. The company’s products are differentiated due to its proprietary software, firmware expertise, and hardware design capabilities.

Technology and Products

The company offers products and solutions based on its proprietary technology across multiple markets. Utilizing hardware and software and firmware, the company seeks to build price- performance solutions to address both enterprises and service providers. Ubiquiti share price history

Key Technology Platforms

The company’s Service Provider and carrier solutions include:

airMAX - The company’s airMAX platform includes proprietary protocols developed by the company that contain advanced technologies for minimizing signal noise. Devices on the airMax platform, such as customer premise equipment (‘CPE’), base station, and backhaul, are able to support a wireless network that can scale to hundreds of clients per base station over long distances while maintaining low latency and high throughput.

EdgeMAX - The company’s EdgeMAX platform is a software and systems routing platform, powered by the company’s full-featured UISP operating system that includes advanced quality of service, firewall, dynamic routing and virtual private network functionality.

airFiber - The company’s airFiber platform is a wireless backhaul point-to-point radio system, a wireless method of transmitting data to and from network backbone. Components of the airFiber products were designed to provide low latency with high throughput. The company’s airFiber product uses an integrated split antenna and a global positioning system to simultaneously send data packets from each side of the link.

UFiber GPON - UFiber GPON platform, a plug and play fiber network technology, that allows users to build passive optical network deployment with minimal effort and cost. It is designed to enable internet providers (‘ISPs’) to quickly build high speed fiber internet networks for many users and over long distance.

The company’s Enterprise Provider solutions include:

UniFi Gateway Console - UniFi Console is an Enterprise class router and security gateway device that is expandable and extends the UniFi enterprise solutions to provide cost-effective, reliable routing and advanced network security.

UniFi WiFi - The company’s UniFi WiFi platform was designed as an enterprise Wi-Fi system, combining Wi-Fi certified hardware with software-based management controller (UniFi OS). UniFi uses a virtual controller that allows for on-site management or remote management through the cloud, allowing for configuration of the network and individual access points.

UniFi Protect - The company’s UniFi Protect platform is a video surveillance system that can be accessed securely from any web browser, provides detailed statistical reporting and advanced analytics and provides a management console with multiple views, versatile camera setting and customizable event recordings.

UniFi Switch - UniFi Switch delivers performance, switching, and power of ethernet (‘PoE+’) support for enterprise networks.

UniFi Access - UniFi Access is a state-of-the art door access system that is easily expandable.

UniFi Talk - A new approach to business telephony. UniFi Talk is a plug-and-play phone system and VoIP subscription service designed for small and medium-sized businesses.

The company offers consumer products, called AmpliFi and Alien, which are Wi-Fi system solutions designed to serve the demands of the modern connected home. The company continues to explore consumer related market opportunities and has research and development teams focused on consumer related solutions.

Research and Development

The company’s research and development expenses were $145.2 million for the year ended June 30, 2023 (fiscal 2023).

Sales and Distribution

The company sells its products and solutions globally to enterprises and service providers primarily through the company’s extensive network of distributors, and, to a lesser extent, direct customers. During fiscal 2023, the company sold its products to over 100 distributors and direct to customers through the company’s webstores (collectively, ‘customers’) in over 75 countries.

Competition

In the backhaul market, the company’s competitors include Cambium Networks, Ceragon Networks, MikroTîkls, Airspan, SAF Tehnika and Trango.

In the CPE market, the company’s competitors include Cambium Networks, MikroTîkls, Ruckus Wireless (CommScope)and TP-LINK Technologies.

In the antenna market, the company primarily competes with PCTEL, ARC, ITELITE and Radio Waves.

In the enterprise WLAN market, the company primarily competes with Huawei, Aerohive Networks, Aruba Networks (HPE), Ruckus Wireless (CommScope), Cisco Meraki and Cisco.

In the video surveillance market, the company primarily competes with Axis Communications, HIKVISION, Mobotix and Vivotek.

History

The company was incorporated in 2003 in the state of California. It was formerly known as Pera Networks, Inc. and changed its name to Ubiquiti Networks, Inc. in 2005. Further, the company changed its name to Ubiquiti Inc. in 2019.

Country
Founded:
2003
IPO Date:
10/14/2011
ISIN Number:
I_US90353W1036

Contact Details

Address:
685 Third Avenue, 27th Floor, New York, New York, 10017, United States
Phone Number
646 780 7958

Key Executives

CEO:
Pera, Robert
CFO
Radigan, Kevin
COO:
Nisenbaum, Hartley