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{{Infobox company|
{{Infobox company
company_name = Expand Networks, Inc. |
| name = Expand Networks, Inc.
company_logo = [[Image:Expand networks.png]]|
| logo = Expand networks.png
company_type = [[Private Company]]|
| type = [[Private Company]]
| founded = 1998
foundation = 1997 |
| fate= liquidated 2011
location = [[Roseland, New Jersey]], [[Tel-Aviv, Israel]]|
| location = [[Roseland, New Jersey]], [[Tel-Aviv, Israel]]
key_people = [[Liquidator]]: [[Paz Rimer]]|
industry = WAN Acceleration Equipment|
| industry = WAN Acceleration Equipment
products = Accelerator appliances, [[WAN Optimization]]|
| products = Accelerator appliances, [[WAN Optimization]]
homepage = [http://www.expand.com/ www.expand.com] |
| homepage = {{Url | www.expand.com}}
}}
}}


'''Expand Networks, Ltd.''', based in [[Tel Aviv]], Israel, is a provider of [[WAN Optimization]] solutions, currently run by a [[Liquidator]]
'''Expand Networks, Ltd.''' was a [[Tel Aviv]], Israel based provider of [[WAN optimization]] technology founded in 1998 and liquidated in 2011.

== About ==
== About ==
⚫
Expand Networks was a privately held company, co-founded by [[Talmon Marco]] in 1998; initial financing was provided by [[Discount Investment Corporation Ltd.]], The Eurocom Group, Ophir Holdings, and a private group of investors, including [[Platinum Technology|Memco Software]] founder Israel Mezin. Additional investors joined in subsequent rounds of funding. The company raised over $95 million.{{Citation needed|date=October 2009}}


Expand Networks headquarters was in Tel-Aviv, Israel with sales in the United States and Europe, New Jersey, Australia,<ref>[http://www.crn.com.au/News/148353,local-reseller-chosen-for-expand-networks-win.aspx ''Local reseller chosen for Expand Networks win''] on crn.com.au</ref> China,<ref>[http://www.allbusiness.com/services/business-services/3932897-1.html ''Expand Networks Extends Global Presence - Establishes Expand China.''], on allbusiness.com</ref> Singapore, and South Africa.
⚫
Expand Networks is privately held. The company was founded in 1998; initial financing was provided by [[Discount Investment Corporation Ltd.|Discount Investment Corporation]], The Eurocom Group, Ophir Holdings, and a private group of investors, including [[Platinum Technology|Memco Software]] founder Israel Mezin. Additional investors joined in subsequent rounds of funding. The company has raised over $95,000,000 since inception. {{Citation needed|date=October 2009}}


The company manufactured accelerators in physical,<ref>[http://vmblog.com/archive/2010/03/17/expand-networks-continues-virtualization-drive-with-expandview-virtual.aspx ''Expand Networks Continues Virtualization Drive with ExpandView Virtual''] on vmblog.com</ref> virtual<ref>[http://matthensley.wordpress.com/2009/12/13/expand-networks-virtual-accelerator-vdi-application-virtualization-and-the-wan/ ''Expand Networks Virtual Accelerator: VDI, Application Virtualization and the WAN''] on [http://matthensley.wordpress.com Matt Hensley's Blog]</ref> and mobile<ref>[http://www.cio.com/article/493181/Expect_More_From_WAN_Optimization_Than_Just_Optimization ''Expect More From WAN Optimization Than Just Optimization''] {{Webarchive|url=https://web.archive.org/web/20090606094345/http://www.cio.com/article/493181/Expect_More_From_WAN_Optimization_Than_Just_Optimization |date=2009-06-06 }} on cio.com</ref> deployment options.
Founded by Talmon Marco [http://www.guestcentric.com/about-us/advisory-board/] the business now identifies itself as WAN Optimization specialist<ref> News Article: Expand positioned in leaders quadrant 2009 WAN optimization controllers[http://www.arnnet.com.au/article/309704/expand_networks_positioned_leaders_quadrant_2009_wan_optimisation_controllers_magic_quadrant/]</ref>

Expand Networks global headquarters is situated in Roseland, New Jersey and Research and Development based in R&D
with sales presence in Australia [http://www.crn.com.au/News/148353,local-reseller-chosen-for-expand-networks-win.aspx] China, [http://www.allbusiness.com/services/business-services/3932897-1.html] across Europe, Israel, Singapore, South Africa and throughout the United States.

The company manufactures accelerators in physical [http://vmblog.com/archive/2010/03/17/expand-networks-continues-virtualization-drive-with-expandview-virtual.aspx],
virtual [http://matthensley.wordpress.com/2009/12/13/expand-networks-virtual-accelerator-vdi-application-virtualization-and-the-wan/] and mobile [http://www.cio.com/article/493181/Expect_More_From_WAN_Optimization_Than_Just_Optimization deployment] deployment options.

Today the company’s technology includes Byte Level [[Cache|Caching]] and Dynamic Compression, Layer 7 [[Quality of Service]](QoS)and Monitoring, Application and Protocol Acceleration, Wide Area File Services.

Expand Networks' competitors include; [[Blue Coat Systems]], [[Cisco Systems]], [[Exinda]], [[Ipanema Technologies]], [[Riverbed Technology]].


== Liquidation ==
== Liquidation ==
In mid October 2011, following the requests of Plenus, one of the company's lenders, an Israeli court appointed a liquidator - Paz Rimer. The liquidator gradually terminated the company's employees <ref>[http://www.globes.co.il/news/article.aspx?did=1000694173 ''Liquidator terminates 24 Expand employees''], on globes.co.il</ref> and eventually, on 11 January 2012 sold most of the assets of the company to [[Riverbed Technology]], which immediately terminated all the company's products and ceased support.<ref>[http://www.riverbed.com/us/company/news/press_releases/2012/press_011112.php ''Riverbed Purchases Assets of Expand Networks''], on riverbed.com</ref>

In mid October 2011, following the requests of Plenus, one of the company's lenders, an Israeli court appointed a liquidator - Mr. Paz Rimer. The liquidator terminated 24 of the company's employees<ref> Liquidator terminates 24 Expand employees [http://www.globes.co.il/news/article.aspx?did=1000694173]</ref>. 67 of the company's remaining employees have filed with an Israeli court demanding that the court issue a [[liquidation]] order, a process by which a company is brought to an end. <ref> Expand employees request a liquidation order [http://www.calcalist.co.il/local/articles/0,7340,L-3549746,00.html]</ref>.

== Acquisitions ==

In August, 2005 it was announced that [[Disksite]]s technology was integrated into the Compass Platform through an OEM agreement<ref>[http://www.networkcomputing.com/other/expand-snaps-up-disksites.php?type=article] Source: news article by James Rogers, 15th May 2006 </ref> Expand later acquired Disksites’ intellectual property, technology, and product line fully integrating into Expand Networks in 2006<ref> Source: IT Analysis news article 'Acquisition of Disksites'[http://www.it-analysis.com/channels/sys_integration/content.php?cid=8532]</ref>

In 2008, the company acquired [[NetPriva]], an [[Australian]] software provider for $7,300,000 [http://www.futurenetltd.co.uk/Netpriva.htm] NetPriva specialised in developing software only WAN Optimisation solutions.
The acquisition of NetPriva led Expand to deliver a SoftWOC [http://www.itbusinessedge.com/cm/blogs/cole/expand-buys-netpriva/?cs=12768]. This solution was launched in 2009 as the Mobile Acceleration Client, or MACC[http://www.networkworld.com/community/node/25234]

==Additional information==
Expand Networks remains a privately held company, and therefore never discloses any of its trading figures to any external parties.

In 2008, the company's revenues were approximately $24,000,000, up from $20,000,000. In 2008, the company lost $13,900,000 - down from a loss of $17,500,000 in 2007.<ref>[http://translate.google.com/translate?js=y&prev=_t&hl=en&ie=UTF-8&u=http://www.calcalist.co.il/articles/0,7340,L-3331505,00.html&sl=iw&tl=en&history_state0= Expand Financial Reports Exposed: 14 million dollar loss, Calcalist]</ref><ref>[http://www.calcalist.co.il/articles/0,7340,L-3331505,00.html דו"חות אקספנד נחשפים: הפסד של 14 מיליון דולר]</ref>

In early 2009, the company laid off an additional 20 employees, reducing its global headcount to 150, of which 80 are in Israel.{{Citation needed|date=October 2009}}

The company is attempting to raise an additional loan of $3,000,0000, giving participating shareholders an 8x preference. This is effectively a wash-out round giving the company a pre-money valuation of $0 as none of the current shareholders will see any income should the company be sold for less than $24,000,000<ref>[http://translate.google.com/translate?js=y&prev=_t&hl=en&ie=UTF-8&u=http://www.calcalist.co.il/internet/articles/0,7340,L-3363094,00.html&sl=iw&tl=en&history_state0= Expand continues to transmit signs of distress]</ref><ref>[http://www.calcalist.co.il/internet/articles/0,7340,L-3363094,00.html אקספנד נטוורקס הקלה תנאים למלווה פוטנציאלי]</ref>

Recently, the company has continued to attract interest from big industry players, with rumours of a potential acquisition by publicly listed competitive vendor [[Riverbed Technology]] in 2009<ref> Globes: Riverbed in Talks to Acquire Expand Networks, Nov 19th 2009 [http://www.globes.co.il/serveen/globes/docview.asp?did=1000514377] </ref>


==External links==
==External links==
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==References==
==References==
{{Refs|2}}
{{Reflist|2}}


[[Category:Companies established in 1998]]
[[Category:Technology companies of Israel]]
[[Category:Defunct computer hardware companies]]
[[Category:Software companies established in 1998]]
[[Category:Software companies of Israel]]
[[Category:Software companies of Israel]]
[[Category:WAN optimization]]
[[Category:WAN optimization]]
[[Category:Companies based in Essex County, New Jersey]]
[[Category:Companies based in Essex County, New Jersey]]
[[Category:Networking hardware companies]]
[[Category:Networking hardware companies]]
[[Category:Israeli companies established in 1998]]
[[Category:1998 establishments in New Jersey]]
[[Category:2011 disestablishments in Israel]]
[[Category:Software companies disestablished in 2011]]

Latest revision as of 14:46, 23 March 2024

Expand Networks, Inc.
Company typePrivate Company
IndustryWAN Acceleration Equipment
Founded1998
Fateliquidated 2011
HeadquartersRoseland, New Jersey, Tel-Aviv, Israel
ProductsAccelerator appliances, WAN Optimization
Websitewww.expand.com

Expand Networks, Ltd. was a Tel Aviv, Israel based provider of WAN optimization technology founded in 1998 and liquidated in 2011.

About

[edit]

Expand Networks was a privately held company, co-founded by Talmon Marco in 1998; initial financing was provided by Discount Investment Corporation Ltd., The Eurocom Group, Ophir Holdings, and a private group of investors, including Memco Software founder Israel Mezin. Additional investors joined in subsequent rounds of funding. The company raised over $95 million.[citation needed]

Expand Networks headquarters was in Tel-Aviv, Israel with sales in the United States and Europe, New Jersey, Australia,[1] China,[2] Singapore, and South Africa.

The company manufactured accelerators in physical,[3] virtual[4] and mobile[5] deployment options.

Liquidation

[edit]

In mid October 2011, following the requests of Plenus, one of the company's lenders, an Israeli court appointed a liquidator - Paz Rimer. The liquidator gradually terminated the company's employees [6] and eventually, on 11 January 2012 sold most of the assets of the company to Riverbed Technology, which immediately terminated all the company's products and ceased support.[7]

[edit]

References

[edit]
  1. ^ Local reseller chosen for Expand Networks win on crn.com.au
  2. ^ Expand Networks Extends Global Presence - Establishes Expand China., on allbusiness.com
  3. ^ Expand Networks Continues Virtualization Drive with ExpandView Virtual on vmblog.com
  4. ^ Expand Networks Virtual Accelerator: VDI, Application Virtualization and the WAN on Matt Hensley's Blog
  5. ^ Expect More From WAN Optimization Than Just Optimization Archived 2009-06-06 at the Wayback Machine on cio.com
  6. ^ Liquidator terminates 24 Expand employees, on globes.co.il
  7. ^ Riverbed Purchases Assets of Expand Networks, on riverbed.com
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