Company:Expand Networks
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| Type | 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 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.[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
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
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 on cio.com
- ↑ Liquidator terminates 24 Expand employees, on globes.co.il
- ↑ Riverbed Purchases Assets of Expand Networks, on riverbed.com
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