NEWBRIDGE NETWORKS

newbridge-networks-logo

Newbridge Networks provides networking products such as integrated T-1/T-3 multiplexer product and switching systems. It was founded by Welsh-Canadian entrepreneur Sir Terry Matthews in 1986 to create data and voice networking products after Matthews was forced out of his original company Mitel. Newbridge quickly became a major market player in this area using the voice switching and software engineering expertise that was prevalent in the Ottawa area. The company initially had innovative c... hannelbank products, which allowed telcos with existing wiring to offer a wide variety of new services. Newbridge also offered (for the time) the industry's most innovative network management (46020 NMS) and ISDN TAP 3500, RS-232C 3600 Mainstreet PC 4601A and Mac ACC ""River"" Routers networking products, including distributed star-topology routing through both proprietary software over the unused facilities' data links in optical hardware and telco switches. Newbridge was purchased and absorbed by Alcatel in late February 2000 for over $7 billion in stock. With this transaction, Matthews became the single largest shareholder in Alcatel.

#SimilarOrganizations #People #Financial #More

NEWBRIDGE NETWORKS

Industry:
Enterprise Software Information Technology Software Engineering

Address:
Ottawa, Ontario, Canada

Country:
Canada

Total Employee:
1001+

Status:
Active


Similar Organizations

artezio-logo

Artezio

Artezio is a provider of software development services for businesses.

Founder


brian-nesmith_image

Brian NeSmith

terence-matthews_image

Terence Matthews

Acquisitions List

Date Company Article Price
1996-12-20 UB Networks UB Networks acquired by Newbridge Networks N/A

Investments List

Date Company Article Money raised
2000-07-11 ITF Optical Technologies Newbridge Networks investment in Venture Round - ITF Optical Technologies 28 M USD
2000-05-05 Laborum.com Newbridge Networks investment in Series B - Laborum.com 15 M USD

More informations about "Newbridge Networks" on Search Engine