Formerly | Ubiquiti Networks, Inc. |
---|---|
Company type | Public |
NYSE: UI Russell 1000 Index component | |
Industry | Computer networking, energy |
Founded | October 2003[1] |
Founders | Robert Pera |
Headquarters | , United States |
Products | Computer networking devices |
Revenue | US$1.692 billion (2022)[2] |
US$462.264 million (2022)[2] | |
US$378.657 million (2022)[2] | |
Total assets | US$844.712 million (2022)[2] |
Total equity | US$−382.876 million (2022)[2] |
Number of employees | 1,377 (as of June 30, 2022)[2] |
Website | www |
Ubiquiti Inc. (formerly Ubiquiti Networks, Inc.)[3] is an American technology company founded in San Jose, California, in 2003.[1][4] Now based in New York City,[5] Ubiquiti manufactures and sells wireless data communication and wired products for enterprises and homes under multiple brand names. On October 13, 2011, Ubiquiti had its initial public offering (IPO) at 7.04 million shares, at $15 per share,[6] raising $30.5 million.[7]
At the close of business on August 19, 2019, the company will legally change its name to Ubiquiti Inc. The last trading day on NASDAQ under the name Ubiquiti Networks, Inc. and the UBNT symbol is expected to be August 19, 2019.
That may be a factor that led Ubiquiti's auditor, PWC, to cite a lack of internal controls in 2015, and an eventual staff clear-out that led Ubiquiti to move its headquarters from San Jose, Calif., to New York City and change auditors to KPMG.