Zhone

American telecom company (1999–2016) From Wikipedia, the free encyclopedia

Zhone

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

Quick Facts Industry, Founded ...
Zhone Technologies, Inc.
IndustryTelecommunications
Founded1999
Defunct2016
FateMerged with DASAN Network Solutions
SuccessorDZS
Key people
  • Jeanette Symons
  • Mory Ejabat
  • Robert Dahl
Websitezhone.com at the Wayback Machine (archived 2015-02-07)
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In 2016 it merged with DASAN Network Solutions to form DZS.

History

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Perspective

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]

More information Logo, Company ...
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]
Thumb Xybridge February 2001 72.7
Thumb Vpacket July 2002 19.2
Thumb Tellium 2003 180 [13][11][14]
Thumb NEC Eluminant 2003 13.6 [15][11]
Thumb Gluon Networks 2004 7 [16]
Thumb Sorrento 2004 37 [17][18]
Thumb Paradyne Networks, Inc. July 2005 183.6 [19]
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References

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