Company:Zhone

From HandWiki
Zhone Technologies, Inc.
IndustryTelecommunications
FateMerged with DASAN Network Solutions
SuccessorDZS
Founded1999
Defunct2016
Key people
  • Jeanette Symons
  • Mory Ejabat
  • Robert Dahl

Zhone Technologies, Inc. was a computer networking company founded in 1999.

In 2016, it merged with DASAN Network Solutions to form DZS.

History

Zhone Technologies was founded in September 1999 by former executives of Ascend Communications Jeanette Symons, Mory Ejabat and Robert Dahl.[1] The company was backed by former Lucent Technologies executive Richard McGinn.[2] It got investments from various venture capital businesses.[3]

In 2000, New Enterprise Associates invested 55 million USD, CalPERS 50 million USD, Texas Pacific Group 150 million USD and KKR also 150 million USD. Some people from Ascend invested 50 million USD.[4][5]

In 2000, Forbes magazine noted "direct competition with Zhone, for now, is scarce, or at least unorganized."[6] Zhone co-founder Symons died in a plane crash in February 2008.[7]

Acquisitions[8]
Logo Company Date Sum (million USD) Ref
Premisys Communications Inc. October 1999 248 [9][10]
CAG Technologies November 1999 8.8 [11]
OptaPhones Systems February 2000 2.2 [11]
Roundview February 2000 0.3 [11]
Various product lines from Nortel 2001 Undisclosed [12]
100px Xybridge February 2001 72.7
100px Vpacket July 2002 19.2
100px Tellium 2003 180 [13][11][14]
100px NEC Eluminant 2003 13.6 [15][11]
100px Gluon Networks 2004 7 [16]
100px Sorrento 2004 37 [17][18]
100px Paradyne Networks, Inc. July 2005 183.6 [19]

References

  1. ↑ "Ex-Ascend Honchos Launch Zhone" (in en). https://www.zdnet.com/home-and-office/networking/ex-ascend-honchos-launch-zhone/. 
  2. ↑ "McGinn Backed Lucent Competitor" (in en). https://www.lightreading.com/cable-technology/mcginn-backed-lucent-competitor. 
  3. ↑ Gomes, Lee (1999-10-21). "Zhone Raises $500 Million in Effort To Buy Into 'Final Mile' of Networks" (in en-US). The Wall Street Journal. ISSN 0099-9660. https://www.wsj.com/articles/SB940460448470372353. 
  4. ↑ Sinton, Peter (Feb 9, 2000). "Zhone Makes Its Own Rules". https://www.sfgate.com/business/article/Zhone-Makes-Its-Own-Rules-3305232.php. 
  5. ↑ Burrows, Peter (October 2, 2000). "A Little Box Worth $500 Million". https://www.bloomberg.com/news/articles/2000-10-02/a-little-box-worth-500-million. 
  6. ↑ "Zhone Delivers Product, Plans IPO" (in en). https://www.forbes.com/2000/05/05/mu3.html. 
  7. ↑ Espinoza, Annette (2008-02-02). "Internet pioneer killed in crash" (in en-US). https://www.denverpost.com/2008/02/02/internet-pioneer-killed-in-crash/. 
  8. ↑ "Acquisitions". http://www.zhone.com/investors/acquisitions/. 
  9. ↑ "Company News; Zhone To Acquire Premisys For $248 Million" (in en-US). The New York Times. 1999-10-22. ISSN 0362-4331. https://www.nytimes.com/1999/10/22/business/company-news-zhone-to-acquire-premisys-for-248-million.html. 
  10. ↑ "'Zhone Technologies To Acquire Premisys Communications'". October 21, 1999. http://www.premisys.com/ZHONE.htm. 
  11. ↑ 11.0 11.1 11.2 11.3 11.4 "Zhone's Strange Saga". August 28, 2003. http://www.lightreading.com/document.asp?doc_id=39282. 
  12. ↑ "Zhone acquires Nortel’s net access products | IT World Canada News" (in en-US). 2001-08-28. https://www.itworldcanada.com/article/zhone-acquires-nortels-net-access-products/32473. 
  13. ↑ Dobosz, John. "Telecom Networker In The Turnaround Zhone" (in en). https://www.forbes.com/2005/02/23/cz_jd_0223gurusow_inl.html. 
  14. ↑ "Technology Briefing | Hardware: Zhone To Buy Tellium" (in en-US). Bloomberg News. 2003-07-29. ISSN 0362-4331. https://www.nytimes.com/2003/07/29/business/technology-briefing-hardware-zhone-to-buy-tellium.html. 
  15. ↑ Noguchi, Yuki (2003-02-19). "California Company Buys NEC Eluminant For Undisclosed Sum" (in en-US). The Washington Post. ISSN 0190-8286. https://www.washingtonpost.com/archive/business/2003/02/19/california-company-buys-nec-eluminant-for-undisclosed-sum/4fcb2366-146b-4936-8641-81f5f74cdece/. 
  16. ↑ EETimes (2004-02-03). "Zhone picks up Gluon assets". https://www.eetimes.com/zhone-picks-up-gluon-assets/. 
  17. ↑ "Zhone buys DWDM/CWDM supplier Sorrento". https://www.eetimes.com/zhone-buys-dwdm-cwdm-supplier-sorrento/. 
  18. ↑ Rosenberg, Alec (2004-04-23). "Zhone posts loss, but buys Sorrento" (in en-US). https://www.eastbaytimes.com/2004/04/23/zhone-posts-loss-but-buys-sorrento/. 
  19. ↑ EETimes (2005-07-11). "Zhone to acquire Paradyne for $184 million". https://www.eetimes.com/zhone-to-acquire-paradyne-for-184-million/. 



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