Expand Networks: Difference between revisions
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Revision as of 06:03, 9 March 2016
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| Company type | Private Company |
|---|---|
| Industry | WAN Acceleration Equipment |
| Founded | 1998 |
| 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, co-founded by Talmon Marco 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.
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]
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