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Cadia Networks

Stage

Acquired | Acquired

Total Raised

$4.3M

About Cadia Networks

Cadia Networks developed multi-service wide-area networks (WAN) adaption products and concentration technology for providers of telecommunications.

Headquarters Location

United States

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Latest Cadia Networks News

1997 PR Newswire Association LLC 03 Jun. FORE Systems Acquires Cadia Networks - Free Online Library

Mar 12, 2015

<a href="http://www.thefreelibrary.com/FORE+Systems+Acquires+Cadia+Networks-a018998525</a> Citations: MLA style: "FORE Systems Acquires Cadia Networks. " The Free Library. 2015 http://www.thefreelibrary.com/FORE+Systems+Acquires+Cadia+Networks-a018998525 Chicago style: The Free Library. S.v. FORE Systems Acquires Cadia Networks. " Retrieved Jun 03 2015 from http://www.thefreelibrary.com/FORE+Systems+Acquires+Cadia+Networks-a018998525 APA style: FORE Systems Acquires Cadia Networks. (n.d.) >The Free Library. (2014). Retrieved Jun 03 2015 from http://www.thefreelibrary.com/FORE+Systems+Acquires+Cadia+Networks-a018998525 Adds Superior Multiservice Adaptation and ConcentrationTechnology; Broadens FORE's Service Provider Solutions PITTSBURGH, Jan. 8 /PRNewswire/ -- FORE Systems, Inc. (Nasdaq:FORE), a worldwide leader in networking products based on asynchronoustransfer mode (ATM) technology, today announced its acquisition ofprivately held Cadia Networks of Andover, Massachusetts. Cadia is aninnovator in the development of multiservice WAN adaptation andconcentration technology for the service provider market. Theacquisition enhances FORE's ATM leadership position by addinghigh-density, carrier class access technology to FORE's ATM-basedservice provider offerings. FORE's ATM-based solutions provide unique benefits toservice providers, enabling the consolidation of multiple networks andtraffic types (e.g., IP, frame relay, voice, video) onto a single ATMbackbone. FORE's price/performance leading solutions enableservice providers to offer advanced services to their customers atcompetitive pricing. (Refer to January 8, 1997, press release: FORESystems Targets Service Provider Market. ) "With the acquisition of Cadia, and the integration of theirsuperior multiservice adaptation and concentration technology intoFORE's service provider offerings, we are firmly committed toproviding the best solutions to support the evolving requirements oftoday's service provider networks," said Eric Cooper, chairmanand CEO of FORE Systems. "Cadia Networks was formed to meet the needs of serviceproviders for multiservice adaptation and concentration at dramaticallyreduced capital costs," said Greg Ferguson, president and CEO ofCadia Networks. "Cadia and FORE share a common vision of theemerging service provider architecture, with ATM at the core andmultiservice adaptation at the edge. " Mr. Ferguson will lead FORE's newly formed access productsgroup, based in Andover, Massachusetts. The access products group willdeliver a new family of FORE multiservice adaptation and concentrationproducts based on the Cadia technology in the second half of calendaryear 1997. The acquisition was completed for a total of approximately4,000,000 shares of FORE Systems' stock and FORE Systems'stock options that were substituted for Cadia Networks' stockoptions. It will be treated as a pooling of interests. The acquisitionclosed in December 1996. Innovative Cadia Technology The Cadia technology combines the redundancy, scalability andmultiple traffic support required by service provider networks. TheCadia architecture leverages the very latest in core chip technology,enabling massive scalability and density, greatly reduced per-port costsand multi-service fan-in that is unmatched in the industry. Cadiafeatures will include: fully channelized DS3 to the DS0 level; anyservice on any port, including support for frame relay, ATM, PPP,multilink PPP and circuit emulation; comprehensive traffic management,including per-VC queuing, shaping and packet level discard; full system redundancy; and standards based SNMP managementenabling easy integration into ForeView(TM) Network Management Software. The multiservice adaptation and concentration products based onthe Cadia technology will incorporate ForeThought(TM) InternetworkingSoftware, a standards-based suite of software components that works inconcert with all FORE products. ForeThought enables network managers tosmoothly migrate to ATM while preserving their investment in existinginfrastructure and applications. Field-proven ForeThought has beenlicensed to over 30 networking and software vendors under theForeThought Partners program, and has been installed in thousands ofnetworks worldwide. About FORE Systems FORE Systems is a worldwide leader in the design, development,manufacture, and sale of high-performance networking products based onATM (asynchronous transfer mode) technology. FORE offers the mostcomprehensive ATM product line available today including ForeRunner(R)ATM switches and adapter cards, PowerHub(R) LAN switches andCellPath(TM) WAN multiplexers for ATM connectivity, ForeThoughtInternetworking Software, and ForeView Network Management Software.FORE has delivered ATM and LAN switching solutions to approximately2,000 customers including Fortune 500 companies, telecommunicationsservice providers, government agencies, research institutions, anduniversities. FORE Systems' headquarters are located at 174 ThornHill Road, Warrendale, Pennsylvania 15086. FORE Systems can be reachedby telephone at 412-772-6600, by fax at 412-772-6500, and via theInternet at http://www.fore.com or info@fore.com. This press release contains forward-looking statements withrespect to planned product offerings and certain other matters. Thesestatements are made under the "safe harbor" provisions of thePrivate Securities Litigation Reform Act of 1995 and involve a number ofrisks and uncertainties which could materially affect future results.For a detailed discussion of these risks and other risk factorsaffecting FORE Systems, please refer to the risk factors set forth inthe FORE Annual Report on Form 10-K for the fiscal year ended March 31,1996. Copyright 1997 FORE Systems, Inc. All rights reserved. FORESystems, ForeRunner, and PowerHub are registered trademarks of FORESystems, Inc. ForeThought, ForeView, and CellPath are trademarks of FORESystems, Inc. All other brand or product names are trademarks of theirrespective holders. SOURCE FORE Systems, Inc. -0- 01/08/97 /CONTACT: Kimberly Booth or Rich Borden of FORE Systems PublicRelations, 412-772-6600, or fax, 412-635-3663, or e-mail,kbooth@fore.com, or rborden@fore.com / (FORE) CO: FORE Systems, Inc.; Cadia Networks ST: Pennsylvania,Massachusetts IN: CPR SU: TNM MK-BS -- PHW007 -- 0004 01/08/97 08:03 EST http://www.prnewswire.com COPYRIGHT 1997 PR Newswire Association LLC No portion of this article can be reproduced without the express written permission from the copyright holder. Copyright 1997 Gale, Cengage Learning. All rights reserved. Reader Opinion

Cadia Networks Frequently Asked Questions (FAQ)

  • What is Cadia Networks's latest funding round?

    Cadia Networks's latest funding round is Acquired.

  • How much did Cadia Networks raise?

    Cadia Networks raised a total of $4.3M.

  • Who are the investors of Cadia Networks?

    Investors of Cadia Networks include FORE Systems and Matrix Partners.

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