Ribbon Communications, headquartered in Plano, Texas, specializes in communications software and networking solutions for service providers and enterprises, employing 3,107 staff since its IPO on September 13, 2004. The company operates in two segments: Cloud and Edge, focusing on VoIP and collaboration, and IP Optical Networks, providing secure solutions for high-performance networking and optical transport.
Dan Redington sold 20,000 shares of RBBN on 4 September at $4.16 per share, worth a total of $83K. They now own 169,610 RBBN shares, or a 11% holding decrease.
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