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Network Equipment Technologies

net.com

Founded Year

1983

Stage

Acq - P2P | Acquired

Valuation

$0000 

About Network Equipment Technologies

Network Equipment Technologies, Inc. (NET) provides network and VoIP solutions to enterprises and government agencies that seek to reduce the cost to deploy next generation unified and secure communications applications. For a quarter of a century, NET has delivered solutions for multi-service networks requiring high degrees of versatility, security and performance. Today, the company's broad family of products enable interoperability and integration with existing networks for migration to secure IP-based communications. Broadening NET's voice solutions, Quintum Technologies, now a part of NET, is a VoIP innovator whose applications bring the reliability and clarity of public telephone networks to Internet telephony and unified communications. NET is headquartered in Fremont, CA and has 14 offices worldwide including the US, the UK, France, the Middle East, China, Japan, Australia, and Latin America. The company sells its solutions through a direct sales force and an international network of resellers and distributors. In August 2012, Network Equipment Technologies was acquired by Sonus Networks. The valuation of Network Equipment Technologies was $42 million.

Headquarters Location

Fremont, California, 94555,

United States

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Network Equipment Technologies Patents

Network Equipment Technologies has filed 48 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/5/2017

6/19/2018

Wireless networking, Cryptography, Network protocols, Key management, Wireless sensor network

Grant

Application Date

7/5/2017

Grant Date

6/19/2018

Title

Related Topics

Wireless networking, Cryptography, Network protocols, Key management, Wireless sensor network

Status

Grant

Latest Network Equipment Technologies News

Sonus snaps up longtime network vendor NET for $1.35 a share

Jun 20, 2012

AWARD SEASON: Apple doles out design awards for iPhone, iPad and Mac apps Fremont, Calif.-based NET announced a restructuring and layoffs in January, and Sonus was able to scoop up the 160-employee company for $41.3 million, or $1.35 a share. Sonus, which historically has focused on the service provider VoIP market with a portfolio of softswitches and other products, increasingly has targeted enterprises with a variety of session border controllers, SIP trunking products and call center offerings. Sonus says NET's Unified Exchange product line complements its SBC 5100 and 5200 lines, as the company goes after enterprises looking to slash telecom bills via VoIP and trunk consolidation. Specifically, Sonus points to NET's branch and small office gear as extending its enterprise customer reach. Both companies' gear works with Microsoft 's Lync unified communications technologies. Sonus generates about $260 million in annual revenue, while NET pulls in about one-fifth as much. The companies will outline their combined product roadmap at a later time. News of the merger created some buzz on Twitter , including commentary from Evan Kirstel, director of strategic alliances at rival Acme Packet: "Sonus will have a tough time making NET profitable: 3 R&D locations, dying Federal business, low product margins ..." Those in the extended Microsoft Lync unified communications business tweeted that they weren't sure what to think just yet. Wrote one, Matt Landis: "I think NET will keep their strength in #Lync. it's a market share play by Sonus really. " Bob Brown tracks network research in his Alpha Doggs blog and Facebook page, as well on Twitter and Google +. Read more about data center in Network World's Data Center section. Join the Computerworld New Zealand newsletter! Join Error: Please check your email address. Editor's Recommendations

Network Equipment Technologies Frequently Asked Questions (FAQ)

  • When was Network Equipment Technologies founded?

    Network Equipment Technologies was founded in 1983.

  • Where is Network Equipment Technologies's headquarters?

    Network Equipment Technologies's headquarters is located at Fremont.

  • What is Network Equipment Technologies's latest funding round?

    Network Equipment Technologies's latest funding round is Acq - P2P.

  • Who are the investors of Network Equipment Technologies?

    Investors of Network Equipment Technologies include Ribbon Communications, Battery Ventures, Foundation Capital, Matrix Partners, Oak Investment Partners and 3 more.

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