Perle Systems

Perle Systems, Inc.

Company type	Private (public until delisting in 2002)
Industry	Information technology
Founded	1976
Headquarters	Markham, Ontario, Canada
Key people	Joseph E. Perle (CEO) John L. Feeney (COO) Derrick Barnett (CFO)
Products	Serial communications computer equipment
Website	www.perle.com

Perle Systems is a Canadian company based in Markham, Ontario that develops and manufactures serial communications products. Product lines include terminal servers, device servers, serial console servers, serial cards, USB to serial adapters and remote access products. Perle has offices and representative offices in 11 countries in North America, Europe and Asia and sells its products through distribution and OEM/ODE channels worldwide. The company's stock was once traded on the Toronto Stock Exchange (symbol: PL) and the NASDAQ (symbol: PERL), but is currently privately held.

History

• In 1979, Perle Systems was founded.
• In 1999, Perle acquired Specialix. Specialix designed, developed, manufactured, and marketed a broad range of multi-user network connectivity and remote access solutions that provided connectivity between PCs/servers and peripheral devices.
• In 2000, Perle acquired Chase Research. Chase Research was a UK based company providing network connectivity and remote access products for communications between PCs/servers and peripheral devices, particularly in the Linux space.
• On April 1, 2002, Perle Systems's common shares were delisted from the NASDAQ and became eligible to trade on the Over The Counter Bulletin Board ("OTCBB") (symbol: PERL).
• On October 7, 2003, the company went private under a deal with its major creditor, Royal Capital Management Inc.

External links

• Coverage of debt to equity conversion on "bankrupt.com"