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Extreme Networks
Extreme Networks is an American networking company based in San Jose, California. Extreme Networks designs, develops, and manufactures wired and wireless network infrastructure equipment and develops the software for network management, policy, analytics, security and access controls. History Extreme Networks was established by co-founders Gordon Stitt, Herb Schneider, and Stephen Haddock in 1996 in California, USA, with its first offices located in Cupertino, which later moved to Santa Clara, and later to San Jose. Early investors included Norwest Venture Partners, AVI Capital Management, Trinity Ventures, and Kleiner Perkins Caufield & Byers. Gordon Stitt was a co-founder and served as chief executive officer until August 2006, when he retired and became chairman of the board of directors. The initial public offering in April 1999 was listed on the NASDAQ stock exchange as ticker "EXTR." In April 2013, Charles W. Berger (from ParAccel as it was acquired by Actian) replaced Osc ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Extreme Network Acquisitions
Extreme may refer to: Science and mathematics Mathematics *Extreme point, a point in a convex set which does not lie in any open line segment joining two points in the set *Maxima and minima, extremes on a mathematical function Science *Extremophile, an organism which thrives in or requires "extreme" *Extremes on Earth * List of extrasolar planet extremes Politics *Extremism, political ideologies or actions deemed outside the acceptable range *The Extreme (Italy) or Historical Far Left, a left-wing parliamentary group in Italy 1867–1904 Business *Extreme Networks, a California-based networking hardware company *Extreme Records, an Australia-based record label *Extreme Associates, a California-based adult film studio Computer science *Xtreme Mod, a peer-to-peer file sharing client for Windows Sports and entertainment Sport *Extreme sport *Extreme Sports Channel A global sports and lifestyle brand dedicated to extreme sports and youth culture *Los Angeles Xtreme, a defunct ...
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Bay Networks
Bay Networks was a network hardware vendor formed through the merger of Santa Clara, California based SynOptics Communications and Billerica, Massachusetts based Wellfleet Communications on July 6, 1994. SynOptics was an important early innovator of Ethernet products, having developed a pre-standard twisted pair 10Mbit/s Ethernet product and a modular Ethernet hub product that dominated the enterprise networking market. Wellfleet was an important competitor to Cisco Systems in the router market, ultimately commanding up to a 20% market share of the network router business worldwide. The combined company was renamed Bay Networks as a nod to the legacy that SynOptics was based in the San Francisco area and Wellfleet was based in the Boston area, two cities well known for their bays. Logo File:BayNetworks.jpg, 1994–1998 Acquisitions Bay Networks expanded its product line both through internal development and acquisition, acquiring the following companies during the course of it ...
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SynOptics
SynOptics Communications was a Santa Clara, California-based early computer network equipment vendor from 1985 until 1994. SynOptics popularized the concept of the modular Ethernet hub and high-speed Ethernet networking over copper twisted-pair and fiber optic cables. History SynOptics Communications was founded in 1985 by Andrew K. Ludwick and Ronald V. Schmidt, both of whom worked at Xerox's Palo Alto Research Center (PARC). The most significant product that Synoptics produced was LattisNet (originally named AstraNet) in 1987. This meant that unshielded twisted-pair cabling already installed in office buildings could be re-utilized for computer networking instead of special coaxial cables. The star network topology made the network much easier to manage and maintain. Together these two innovations directly led to the ubiquity of Ethernet networks. Before the final standard version of what is known today as the 10BASE-T protocol, there were several different methods and standa ...
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Wellfleet Communications
Wellfleet Communications was an Internet Router (computing), router company founded in 1986 by Paul Severino, Bill Seifert, Steven Willis and David Rowe based in Bedford, Massachusetts, and later Billerica, Massachusetts. In an attempt to more effectively compete with Cisco Systems, its chief rival, it merged in October, 1994 with SynOptics Communications of Santa Clara, California to form Bay Networks in a deal worth US$ 2.7B. Bay Networks would in turn be acquired by Nortel in June, 1998 for US$ 9.1B. Wellfleet was ranked the fastest-growing company in the United States by Fortune (magazine), Fortune Magazine in both 1992 and 1993. Wellfleet sold routers. Wellfleet also emphasized on support of the up-and-coming Internet Protocol. In 1991, Cisco led the global multi-protocol router market with a 51% share, whereas Wellfleet was third with only 9% market share. By 1993, Wellfleet had grown to a 14% market share, second only to Cisco's 50%. Wellfleet concluded the best way to ga ...
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Motorola Solutions
Motorola Solutions, Inc., is an American video equipment, telecommunications equipment, software, systems and services provider that succeeded Motorola, Inc., following the spinoff of the mobile phone division into Motorola Mobility in 2011. The company is headquartered in Chicago, Illinois. History Motorola Solutions began trading as a separate independent company on January 4, 2011, under the NYSE symbol MSI. In April 2011, Motorola Solutions completed the sale of its cellular infrastructure business to Nokia Siemens Networks for $975 million in cash. As part of the transaction, approximately 6,900 employees were transferred to Nokia Siemens Networks. The same month, Chinese telecommunications company Huawei and Motorola Solutions settled their intellectual property disputes. In 2012 Motorola Solutions purchased Psion for $200million and added it to its Enterprise business. A large majority of the Enterprise business was formerly Symbol Technologies, which Motorola, Inc. had ...
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Symbol Technologies
Symbol Technologies is an American manufacturer and supplier of mobile data capture and delivery equipment. The company specializes in barcode scanners, mobile computers, RFID systems and Wireless LAN infrastructure. In 2014, Symbol Technologies became a subsidiary of Zebra Technologies, and is headquartered in Holtsville, New York, on Long Island. History Before 2000 The company was co-founded in 1973 by Jerome Swartz and physicist Shelley A. Harrison. At that time, the company focused on handheld laser based scanning of bar codes. Under Swartz, the company marketed handheld laser bar code scanning devices. The company focused heavily on the retail industry and began to get involved in inventory management. These activities typically required people to scan items where they are stored and as such needed to be mobile. Symbol began to make small computers that could store data scanned to take inventory counts remotely and then upload the information gathered to a host sys ...
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Cabletron Systems
Cabletron Systems was a manufacturer of networking computer equipment throughout the 1980s and 1990s primarily based in Rochester, New Hampshire, in the United States. They also had manufacturing facilities in Ironton, Ohio, and in Ireland. History Cabletron was founded in 1983 in a Massachusetts garage by Craig Benson (who later became New Hampshire's governor) and Robert Levine. As manufacturing and design operations expanded, Cabletron relocated to Rochester, New Hampshire, employing 6,600 people at its peak. In 1996 the company eclipsed US$1 billion in sales. Cabletron found its first success in the 10BASE5 Ethernet market, providing the ST-500, the first Ethernet transceiver that featured diagnostic LEDs, and the LAN-MD, the first commercially viable field-deployable 10BASE5 test set. The early products were critical in the history of Ethernet as 10BASE5 Ethernet was generally difficult to operate and maintain and cabling problems were especially difficult to diagnose. Foll ...
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Siemens Communications
Siemens Communications was the communications and information business arm of German industrial conglomerate Siemens AG, until 2006. It was the largest division of Siemens, and had two business units – Mobile Networks and Fixed Networks; and Enterprise. Siemens Communications division was founded in 1998 through the amalgamation of a number of early groups / divisions of Siemens AG, the oldest of which traces back to the company ' Siemens & Halske Telegraph Construction Company' founded in 1847, and the most prominent predecessor being the 1978-founded 'Siemens Communication Systems'. On October 1, 2006, Siemens AG decided to divide Siemens Communications into two companies: 'Siemens Networks GmbH & Co. KG' and 'Siemens Enterprise Communications GmbH & Co. KG'. The company remains extant, through a series of mergers and divisions, as Siemens Enterprise Communications – a 2008 joint venture with the Gores Group where Siemens AG hold 49% with the balance of 51% held by the Amer ...
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Digital Equipment Corporation
Digital Equipment Corporation (DEC ), using the trademark Digital, was a major American company in the computer industry from the 1960s to the 1990s. The company was co-founded by Ken Olsen and Harlan Anderson in 1957. Olsen was president until forced to resign in 1992, after the company had gone into precipitous decline. The company produced many different product lines over its history. It is best known for the work in the minicomputer market starting in the mid-1960s. The company produced a series of machines known as the PDP line, with the PDP-8 and PDP-11 being among the most successful minis in history. Their success was only surpassed by another DEC product, the late-1970s VAX "supermini" systems that were designed to replace the PDP-11. Although a number of competitors had successfully competed with Digital through the 1970s, the VAX cemented the company's place as a leading vendor in the computer space. As microcomputers improved in the late 1980s, especially wit ...
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Aerohive Networks
Aerohive Networks was an American multinational computer networking equipment company headquartered in Milpitas, California, with 17 additional offices worldwide. The company was founded in 2006 and provided wireless networking to medium-sized and larger businesses. In 2012, Aerohive was listed on '' The Wall Street Journal's'' list of "Top 50 Start-Ups." The company raised around $105 million in venture capital funding before undergoing an IPO in March 2014. On June 26, 2019, Extreme Networks announced its intent to acquire Aerohive for a purchase price of approximately $272 million. The acquisition closed on August 9, 2019. History Aerohive was founded in 2006 by Changming Liu. That same year, the company raised $4 million in series A round funding. In July 2007, the company raised an additional $20 million in series B round funding led by Kleiner Perkins Caufield & Byers. Aerohive completed a series C round of funding, raising $23.5 million to expand its sales and marketing ...
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Brocade Communications Systems
Brocade is an American technology company specializing in storage networking products, now a subsidiary of Broadcom Inc. The company is known for its Fibre Channel storage networking products and technology. Prior to the acquisition, the company expanded into adjacent markets including a wide range of IP/Ethernet hardware and software products. Offerings included routers and network switches for data center, campus and carrier environments, IP storage network fabrics; Network Functions Virtualization (NFV) and software-defined networking (SDN) markets such as a commercial edition of the OpenDaylight Project controller; and network management software that spans physical and virtual devices. On November 2, 2016, Singapore-based chip maker Broadcom Limited announced it was buying Brocade for about $5.5 billion. As part of the acquisition, Broadcom divested all of the IP networking hardware and software-defined networking assets. Broadcom has since re-domesticated to the Unit ...
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