Expand Networks: Difference between revisions
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Expand Networks was a privately held company, 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}} |
Expand Networks was a privately held company, 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}} |
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Expand Networks global headquarters was situated in Tel-Aviv, Israel with sales presence across the United States and Europe, New Jersey, Australia |
Expand Networks global headquarters was situated in Tel-Aviv, Israel with sales presence across 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. |
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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> |
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''] on cio.com</ref> deployment options. |
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Expand Networks' competitors included; [[Blue Coat Systems]], [[Cisco Systems]], [[Exinda]], [[Ipanema Technologies]], [[Riverbed Technology]]. |
Expand Networks' competitors included; [[Blue Coat Systems]], [[Cisco Systems]], [[Exinda]], [[Ipanema Technologies]], [[Riverbed Technology]]. |
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== Liquidation == |
== Liquidation == |
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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 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 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> |
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R.I.P. |
R.I.P. |
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==References== |
==References== |
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{{Reflist|2}} |
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[[Category:Companies established in 1998]] |
[[Category:Companies established in 1998]] |
Revision as of 15:23, 12 October 2012
Company type | Private Company |
---|---|
Industry | WAN Acceleration Equipment |
Founded | 1997 |
Headquarters | Roseland, New Jersey, Tel-Aviv, Israel |
Products | Accelerator appliances, WAN Optimization |
Website | www.expand.com |
Expand Networks, Ltd. was a Tel Aviv, Israel based provider of WAN Optimization solutions. The company was liquidated in 2011.
About
Expand Networks was a privately held company, founded in 1998; initial financing was provided by Discount Investment Corporation, 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 has raised over $95,000,000 since inception. [citation needed]
Expand Networks global headquarters was situated in Tel-Aviv, Israel with sales presence across 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.
Expand Networks' competitors included; Blue Coat Systems, Cisco Systems, Exinda, Ipanema Technologies, Riverbed Technology.
Liquidation
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 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]
R.I.P.
External links
References
- ^ Local reseller chosen for Expand Networks win on crn.com.au
- ^ Expand Networks Extends Global Presence - Establishes Expand China., on allbusiness.com
- ^ Expand Networks Continues Virtualization Drive with ExpandView Virtual on vmblog.com
- ^ Expand Networks Virtual Accelerator: VDI, Application Virtualization and the WAN on Matt Hensley's Blog
- ^ Expect More From WAN Optimization Than Just Optimization on cio.com
- ^ Liquidator terminates 24 Expand employees, on globes.co.il
- ^ Riverbed Purchases Assets of Expand Networks, on riverbed.com