Expand Networks

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Expand Networks, Inc.
Private Company
Industry WAN Acceleration Equipment
Fate liquidated 2011
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 technology founded in 1998 and liquidated in 2011.

About[edit]

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.[citation needed]

Expand Networks headquarters was in Tel-Aviv, Israel with sales in 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[edit]

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 [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[edit]

References[edit]