Expand Networks

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Expand Networks, Inc.
Type Private Company
Industry WAN Acceleration Equipment
Founded 1997
Headquarters Roseland, New Jersey, Tel-Aviv, Israel
Products Accelerator appliances, WAN Optimization
Website www.expand.com

Expand Networks, Ltd. was a Tel Aviv, Israel based provider of WAN Optimization solutions. The company was 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, 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. [citation needed]

Expand Networks global headquarters was situated in Tel-Aviv, Israel with sales presence across 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 - Mr. 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

  1. ↑ Local reseller chosen for Expand Networks win on crn.com.au
  2. ↑ Expand Networks Extends Global Presence - Establishes Expand China., on allbusiness.com
  3. ↑ Expand Networks Continues Virtualization Drive with ExpandView Virtual on vmblog.com
  4. ↑ Expand Networks Virtual Accelerator: VDI, Application Virtualization and the WAN on Matt Hensley's Blog
  5. ↑ Expect More From WAN Optimization Than Just Optimization on cio.com
  6. ↑ Liquidator terminates 24 Expand employees, on globes.co.il
  7. ↑ Riverbed Purchases Assets of Expand Networks, on riverbed.com
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