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NeuStar Stage: Date of Investment: 1998 Web Site : http://www.neustar.biz Stock Symbol : NYSE: NSR |
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NeuStar was formed in 1995 as a division of Lockheed Martin Corp., Communications Services Incorporated (CSI). The management team of CSI was comprised of individuals with deep domain expertise in telecommunications and network architectures. Working together with the industry, CSI's technical team laid the groundwork for local number portability, LNP, one of the critical pillars of competition in communications. In 1998, Lockheed Martin acquired a business which violated the rules of neutrality surrounding the operator of mission critical LNP database, and thus had to dispose of CSI. The business unit's team led by Jeff Ganek approached Warburg Pincus for a management buy-out. Together with Warburg Pincus, the team completed a successful buy-out and reconstituted CSI as an independent company with a new name, NeuStar. The transaction was approved by the industry and the FCC and was completed in 1999. Under its new name, NeuStar established a new mission as well: to act as a unique exchange (or clearinghouse) for key operating data in the communications industry. Today, NeuStar is the sole manager of central industry resources, including the telephone numbering plans and databases used to route nearly all telephone calls in North America. In addition, the company has a franchise in the Internet registry business for the management of .BIZ and U.S. top level domains. NeuStar's activities cover all aspects of addressing schemes in today's communications environment and position the company as a leading provider of emerging services that are required by the continual changes in the industry. NeuStar completed a successful initial public offering in 2005. The company is based in Sterling, Virginia.
