| Type | Private Company |
|---|---|
| Industry | WAN Acceleration Equipment |
| Founded | 1997 |
| Headquarters | Roseland, New Jersey, Tel-Aviv, Israel |
| Key people | receiver : Paz Rimer |
| Products | Accelerator appliances, WAN Optimization |
| Website | www.expand.com |
Expand Networks, Ltd., based in Tel Aviv, Israel, is a provider of WAN Optimization solutions, currently run by a receiver
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Expand Networks is privately held. The company was founded in 1998; initial financing was provided by Discount Investment Corporation, 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 has raised over $95,000,000 since inception.
Founded by Talmon Marco [5] the business now identifies itself as WAN Optimization specialist[1]
Expand Networks global headquarters is situated in Roseland, New Jersey and Research and Development based in R&D with sales presence in Australia [6] China, [7] across Europe, Israel, Singapore, South Africa and throughout the United States.
The company manufactures accelerators in physical [8], virtual [9] and mobile deployment deployment options.
Today the company’s technology includes Byte Level Caching and Dynamic Compression, Layer 7 Quality of Service(QoS)and Monitoring, Application and Protocol Acceleration, Wide Area File Services.
Expand Networks' competitors include; Blue Coat Systems, Cisco Systems, Riverbed Technology.
In mid October 2011, following the requests of Plenus, one of the company's lenders, an Israeli court appointed a receiver- Mr. Paz Rimer.
In August, 2005 it was announced that Disksites technology was integrated into the Compass Platform through an OEM agreement[2] Expand later acquired Disksites’ intellectual property, technology, and product line fully integrating into Expand Networks in 2006[3]
In 2008, the company acquired NetPriva, an Australian software provider for $7,300,000 [10] NetPriva specialised in developing software only WAN Optimisation solutions. The acquisition of NetPriva led Expand to deliver a SoftWOC [11]. This solution was launched in 2009 as the Mobile Acceleration Client, or MACC[12]
Expand Networks remains a privately held company, and therefore never discloses any of its trading figures to any external parties.
Recently, the company has continued to attract interest from big industry players, with rumours of a potential acquisition by publicly listed competitive vendor Riverbed Technology in 2011[4]