Unisphere Networks

Unisphere Networks
Fate Acquired
Founded 1999
Founder James Dolce
Defunct 2002 (2002)
Headquarters Westford, MA, USA
Website www.juniper.net

Unisphere Networks was a networking equipment manufacturer founded in 1998 and later acquired by Juniper Networks in June 2002 for $585 million, which included $375 million in cash and 36.5 million shares.[1][2] Unisphere was initially composed of three other Boston, MA, USA area based networking equipment manufacturers:

As well, Unisphere included two organizations from Siemens Information Communication Networks:

The genesis of Unisphere came through the ingenuity of the founder and CEO, James Dolce, who structured a deal with Siemens AG to fund and therefore hold a majority stake in Unisphere Solutions. It is rumored that Siemens spent about $1 billion for the acquisition of all three companies as well as an additional $250 million more over the 4-year life of Unisphere to keep operations going. It is not clear if Unisphere ever actually operated in the black, and because the company never went public, the truth behind the numbers will likely remain a mystery. The name changed from Unisphere Solutions to Unisphere Networks in late 2000 as the company prepared for a possible 2001 IPO, but they were never quite able to execute upon this vision, likely due at least in part to the technology recession that began in April 2000.

The only surviving products from Unisphere are the ERX and SRC lines, still in production by Juniper, as well as the SRX-3000 - as of 2015 called the OpenScape Voice (previously hiQ 8000 and HiPath 8000) - which is sold as a primary part of the Unify (formerly Siemens) OpenScape VoIP and Unified Communications portfolio.

See also

References

  1. "Juniper Networks Branches Out". Forbes.com. 2002-05-20. Retrieved 2009-03-05.
  2. "Juniper Networks Completes Acquisition of Siemens' Unisphere Networks Subsidiary". Juniper Press release. July 2, 2002. Retrieved 2009-03-05.
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