Company:Navarro Networks
| Type | Private |
|---|---|
| Industry | Computer networking |
| Fate | Acquired by Cisco Systems |
| Founded | March 2000 in Plano, Texas, United States |
| Founder | Mark Bluhm |
| Defunct | May 2002 |
Number of employees | 25 |
Navarro Networks, Inc., was a developer of Ethernet-based ASIC components based in Plano, Texas, in the United States. They produced a network processor for Ethernet and other applications.[1]
Navarro Networks was founded in 2000. Their CEO was Mark Bluhm, who was formerly a vice president at Cyrix. A group of nine employees left the Cyrix division of Via on March 21, 2000 to staff the company.[2] The employee walkout had occurred just a day after Via announced that they would be spinning off the Cyrix division as a separate company.[3]
Cisco Systems announced their intent to acquire Navarro Networks in May 1, 2002; on the same day, Cisco also announced their bid to acquire Hammerhead Networks.[4] The acquisition was completed in June that year, with Cisco dealing Navarro a stock swap worth $85 million. Most of the 25 employees of Navarro joined the Internet Systems Business Unit to enhance Cisco's internal ASIC capability in Ethernet switching platforms.[5][6]
References
- ↑ "Network processor entrants find tough sledding". My-ESM. September 27, 2007. http://www.my-esm.com/story/OEG20020429S0051.
- ↑ Hesseldahl, Arik (March 27, 2000). "VIA to spin off Cyrix; engineers depart". Electronic News (Reed Business Information) 46 (13): 4. https://www.proquest.com/docview/209741934/.
- ↑ Magee, Mike (March 22, 2000). "Cyrix folk walk out after Via revelation". The Register. Archived from the original on January 26, 2021. https://web.archive.org/web/20210126031648/https://www.theregister.com/2000/03/22/cyrix_folk_walk_out_after/.
- ↑ Howe, Peter J. (May 2, 2002). "Cisco Offers $173M for Billerica Start-up; Malborough Software Unit Sold by Lucent to Los Angeles Firm". Boston Globe: E1. https://www.proquest.com/docview/405457549/.
- ↑ Sullivan, John (June 2002). "Cisco acquisitions strengthen ethernet IP aggregation units". Boardwatch (Penton Media) 16 (6): 12. https://www.proquest.com/docview/225524219/.
- ↑ Staff writer (June 27, 2002). "Cisco Completes Second Acquisition This Week". InternetWeek (CMP Media). https://www.proquest.com/docview/201582683/.
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