Zhone
Zhone Technologies, Inc. was a computer networking company founded in 1999.
In 2016, it merged with DASAN Network Solutions to form DZS.
History
Zhone Technologies was founded in September 1999 by former executives of Ascend Communications Jeanette Symons, Mory Ejabat and Robert Dahl. The company was backed by former Lucent Technologies executive Richard McGinn. It got investments from various venture capital businesses.In 2000, New Enterprise Associates invested 55 million USD, CalPERS 50 million USD, Texas Pacific Group 150 million USD and KKR also 150 million USD. Some people from Ascend invested 50 million USD.
In 2000, Forbes magazine noted "direct competition with Zhone, for now, is scarce, or at least unorganized." Zhone co-founder Symons died in a plane crash in February 2008.
| Logo | Company | Date | Sum | Ref |
| Premisys Communications Inc. | October 1999 | 248 | ||
| CAG Technologies | November 1999 | 8.8 | ||
| OptaPhones Systems | February 2000 | 2.2 | ||
| Roundview | February 2000 | 0.3 | ||
| Various product lines from Nortel | 2001 | Undisclosed | ||
| Xybridge | February 2001 | 72.7 | ||
| Vpacket | July 2002 | 19.2 | ||
| Tellium | 2003 | 180 | ||
| NEC Eluminant | 2003 | 13.6 | ||
| Gluon Networks | 2004 | 7 | ||
| Sorrento | 2004 | 37 | ||
| Paradyne Networks, Inc. | July 2005 | 183.6 |