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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 |
liquidated = 2011 |
| fate= liquidated 2011
location = [[Roseland, New Jersey]], [[Tel-Aviv, Israel]]|
| location = [[Roseland, New Jersey]], [[Tel-Aviv, Israel]]
⚫
| industry = WAN Acceleration Equipment
key_people = [[Liquidator]]: [[Paz Rimer]]|
⚫
| products = Accelerator appliances, [[WAN Optimization]]
⚫
industry = WAN Acceleration Equipment|
⚫
| homepage = {{Url | www.expand.com}}
⚫
products = Accelerator appliances, [[WAN Optimization]]|
⚫
homepage = [http://www.expand.com/ 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.
⚫
Expand Networks global headquarters is situated in Tel-Aviv, Israel with sales presence across the United States and Europe, New Jersey, 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], Singapore, and South Africa.

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 (computing)|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>.

On 11 January 2012, [[Riverbed Technology]] announced that it has purchased certain assets of Expand Networks, including its intellectual property, out of liquidation in Israel. Riverbed® did not purchase the corporate entity of Expand Networks and has not assumed any of Expand's liabilities, obligations or contracts. Riverbed plans to make available for purchase new technical support offerings for Expand products, and expects to work with former Expand customers to explore promotional upgrade opportunities.<ref> Riverbed Purchases Assets of Expand Networks [http://www.riverbed.com/us/company/news/press_releases/2012/press_011112.php]</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>

Prior to liquidation, the company attracted 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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