Expand Networks, Ltd. was a Tel Aviv, Israel based provider of WAN optimization technology founded in 1998 and liquidated in 2011.
Overview 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.
Expand Networks headquarters was in Tel-Aviv, Israel with sales in the United States and Europe, New Jersey, Australia,Local reseller chosen for Expand Networks win on crn.com.au China,Expand Networks Extends Global Presence - Establishes Expand China., on allbusiness.com Singapore, and South Africa.
The company manufactured accelerators in physical,Expand Networks Continues Virtualization Drive with ExpandView Virtual on vmblog.com virtualExpand Networks Virtual Accelerator: VDI, Application Virtualization and the WAN on Matt Hensley's Blog and mobileExpect More From WAN Optimization Than Just Optimization on cio.com 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 Liquidator terminates 24 Expand employees, on globes.co.il 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.Riverbed Purchases Assets of Expand Networks, on riverbed.com
References
External links Expand Networks Official Website Expand Networks reassures partners it's business as usual