Foundry Networks


Foundry Networks

Infobox Company
company_name = Foundry Networks
company_
company_type = Public (NASDAQ|FDRY)
foundation = 1996
location = flagicon|USA Santa Clara, CA, USA
key_people = Bobby R. Johnson, Jr. President/CEO
industry = Networking hardware
products = Switches, Routers, Load Balancers
revenue = gain $607.205 million USD (2007)
operating_income = gain $82.866 million USD (2007)
net_income = gain $81.143 million USD (2007)
num_employees = 1100 (2008)
parent =
subsid =
homepage = [http://www.foundrynet.com www.foundrynet.com]
footnotes =

Foundry Networks, Inc. is a networking hardware vendor selling high-end Ethernet switches and routers. The company was founded in 1996 by Bobby R. Johnson, Jr. and is headquartered in Santa Clara, California, USA. In its first year the company operated under the names Perennium Networks and StarRidge Networks, but by January 1997 the name Foundry Networks was adopted.

Foundry Networks designs, manufactures and sells high-end enterprise and service provider switches and routers, as well as wireless, security, and traffic management solutions. It is best known for its Layer 2 & 3 Ethernet switches. Foundry Networks was the first company to build and ship a gigabit Ethernet switch in 1997; to build a Layer 3 switch, also in 1997; to build the first Layer 4-7 switch in 1998 and to include 10 gigabit Ethernet single connectors in its boxes (since 2001).

Foundry Networks' current product lines consist of the BigIron, EdgeIron, FastIron, IronPoint, IronView, NetIron, SecureIron, and ServerIron.

According to a Dell’Oro report published in Q106, Foundry Networks currently ranks number 4 in a total market share of over $3,659 Million, and their ServerIron application switch ranks number 1 in the world for total port shipments [http://findarticles.com/p/articles/mi_qa4137/is_200503/ai_n13591705 B NET Articles - Foundry ServerIron App Switch keeps Worldwide Leadership]

On July 21st, 2008, Foundry agreed to be acquired by storage networking company Brocade Communications Systems for approximately $3B in cash and stock.

External links

* [http://www.foundrynet.com/ Foundry Networks' official website]
* [http://www.delloro.com/news/2006/ES051706.htm Dell'Oro Group Market Research]
* [http://www.townsendassets.com/company/foundry_marketshare.htm Article on Foundry Networks' market position]
* [http://www.lightreading.com/document.asp?doc_id=37254 Article and Interview with Bobby Johnson]

References


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