Terayon Communication Systems, Inc. was a company that vended equipment to

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service providers A service provider (SP) is an organization that provides services, such as consulting, legal, real estate, communications, storage, and processing services, to other organizations. Although a service provider can be a sub-unit of the organization t ...

for delivering broadband voice, video and data services to residential and business subscribers.

History

Terayon was founded by Israeli brothers Zaki Rakib and Shlomo Rakib in 1993; both brothers graduated from high school at age 16 and went on to university. Shlomo studied electrical engineering, and Zaki did a PhD in mechanical engineering and post-doctorate studies in applied mathematics. He taught for a while at

Tel Aviv University Tel Aviv University (TAU) is a Public university, public research university in Tel Aviv, Israel. With over 30,000 students, it is the largest university in the country. Located in northwest Tel Aviv, the university is the center of teaching and ...

’s computer science faculty, and then joined Helios. After Helios was sold to

Cadence Design Systems Cadence Design Systems, Inc. (stylized as cādence)Investor's Business DailCEO Lip-Bu Tan Molds Troubled Cadence Into Long-Term LeaderRetrieved November 12, 2020 is an American multinational corporation, multinational technology and computational ...

, Zaki moved to the US, and urged his brother to join him and set up the company. Terayon held an

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in August 1998. In 1999, the company initiated a strategy to expand its offerings to the

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and

satellite A satellite or an artificial satellite is an object, typically a spacecraft, placed into orbit around a celestial body. They have a variety of uses, including communication relay, weather forecasting, navigation ( GPS), broadcasting, scient ...

industries but later refocused its business on the cable industry in 2000. During 1999 and 2000 the company acquired seven other companies, including: Imedia, a video processing startup founded by Efi Arazi (founder of

Scitex Suny Cellular Communication was known as Scitex Corporation Ltd. until December 2005 and Scailex Corporation Ltd. () until November 2016. History Scitex was an Israel-based multi-national company, founded by Efraim (Efi) Arazi in 1968, and wh ...

) for $100m; Radwiz for $64m from the Rad Group, Teledata Networks (which was later sold) and Ultracom Communications for $32m in March 2000. In 2004, Terayon recentered its strategy on

digital video Digital video is an electronic representation of moving visual images (video) in the form of encoded digital data. This is in contrast to analog video, which represents moving visual images in the form of analog signals. Digital video comprises ...

solutions, marketing to television broadcasters, telecom carriers and satellite television providers. Terayon also decided to phase out equipment for home access, such as

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s and

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ing devices. In April 2006, Terayon was delisted from

due to outstanding financial reports. Motorola Inc. acquired Terayon for $140 million in June 2007.

References

{{refend Companies formerly listed on the Nasdaq Companies based in Santa Clara, California Defunct computer companies of the United States Defunct computer companies based in California Defunct computer hardware companies Defunct networking companies

History

See also

References