Alteon WebSystems
 |
|
| Former type | Public |
|---|---|
| Traded as | NASDAQ:ATON |
| Industry | Networking |
| Fate | Acquired |
| Founded | 1996 |
| Defunct |
2000 acquired by Nortel |
| Headquarters | San Jose, California |
| Products | Network switchs |
| Parent | Radware |
| Website | www.radwarealteon.com |
Alteon WebSystems Incorporated (NASDAQ: ATON), originally known as Alteon Networks, was an Internet infrastructure company based in San Jose, California. Alteon was acquired by Nortel Networks on October 4, 2000.[1]
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[edit] History
Alteon was founded in 1996 by Mark Bryers, John Hayes, Ted Schroeder and Wayne Hathaway.
Alteon introduced innovative products such as the ACEswitch 180, which was the first network switch to deliver Ethernet with selectable speed, 10/100 or 1000 Mbit/s, on every port via autonegotiation. Their ACEdirector Layer 4-7 switch was designed as an integrated services front-end and server load balancer. They also introduced Jumbo Frames (up to 9,000 bytes) with their ACEnic adapters, and supported by their switches.[2]
In addition to their Server Switches, Alteon produced the first Gigabit Ethernet network interface card (NIC) in 1997. Alteon's third generation Gigabit Ethernet NIC (code named "Tigon") became the basis for Broadcom's family of ethernet controllers (series BCM570x) [3] and has shipped over 60 million cores. It was used in low-cost NICs from vendors such as 3Com.[4]
In July 2000, Nortel Networks announced it was buying Alteon for US$6 billion U.S. in stock. The deal had originally been announced with a value of $7.8 billion, but the stock market plummeted before the deal closed in October.[1][5] Nortel rolled the ACEDirector and ACESwitch products into its personal Inernet product line, but one year later sales had slowed down.[6] On February 22, 2009 Nortel Networks announced they would sell the Alteon corporate switching line to Radware, for $17.65 million.[7][8]
[edit] See Also
[edit] References
- ^ a b "Nortel Networks Completes Acquisition of Alteon WebSystems". News release (Nortel). October 5, 2000. http://www.Nortel.com/corporate/news/newsreleases/2000c/10_05_0000660_alteon_closing.html. Retrieved June 8, 2011.
- ^ Jeff Caruso (October 22, 1998). "Alteon still stumping for Jumbo Frames". Network World. http://www.networkworld.com/news/1022alteon.html. Retrieved July 4, 2011.
- ^ Bill Paul. "bge - Broadcom BCM570x/5714/5721/5750/5751/5752/5789 PCI Gigabit Ethernet adapter driver". Ubuntu FreeBSD manual. http://manpages.ubuntu.com/manpages/intrepid/man4/bge.4freebsd.html. Retrieved June 8, 2011.
- ^ David Lammers (March 16, 2001). "Gbit Ethernet primed for mainstream servers". EE Times. http://www.eetimes.com/design/communications-design/4140184/Gbit-Ethernet-primed-for-mainstream-servers. Retrieved June 8, 2011.
- ^ "Nortel Networks to Acquire Alteon WebSystems for US$7.8 Billion - Will Establish Leadership Position in Delivering High-Performance Internet Data Centers for the New Networked Economy". News release (Nortel). July 28, 2000. http://www.nortel.com/corporate/news/newsreleases/2000b/07_28_0000483_apache.html. Retrieved June 8, 2011.
- ^ Phil Hochmuth (July 30, 2001). "Nortel's Alteon play gets mixed results". Network World. http://www.networkworld.com/news/2001/0727alteon.html. Retrieved July 4, 2011.
- ^ Radware Enters into Agreement to Acquire Nortel’s Layer 4-7 Application Delivery Business
- ^ Ann Bednarz (April 2, 2009). "Radware pays $18 million for Nortel's Alteon assets". Network World. http://www.networkworld.com/newsletters/2009/033009netop2.html. Retrieved June 8, 2011.
[edit] External links
- "It sucks." Rejected Print advertisement, 1999. "Did You Think You Could Ever Be This Happy Again?"
