Company type | Private Company |
---|---|
Industry | WAN Acceleration Equipment |
Founded | 1998 |
Fate | liquidated 2011 |
Headquarters | Roseland, New Jersey, Tel-Aviv, Israel |
Products | Accelerator appliances, WAN Optimization |
Website | www |
Expand Networks, Ltd. was a Tel Aviv, Israel based provider of WAN optimization technology founded in 1998 and 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 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.
Expand Networks headquarters was in Tel-Aviv, Israel with sales in the United States and Europe, New Jersey, Australia, China, Singapore, and South Africa.
The company manufactured accelerators in physical, virtual and mobile deployment options.
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 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.
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 Archived 2009-06-06 at the Wayback Machine on cio.com
- Liquidator terminates 24 Expand employees, on globes.co.il
- Riverbed Purchases Assets of Expand Networks, on riverbed.com
- Technology companies of Israel
- Defunct computer hardware companies
- Software companies established in 1998
- Software companies of Israel
- WAN optimization
- Companies based in Essex County, New Jersey
- Networking hardware companies
- Israeli companies established in 1998
- 1998 establishments in New Jersey
- 2011 disestablishments in Israel
- Software companies disestablished in 2011