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Network Equipment Technologies  (Stock symbol: NWK ) Acquired by Sonus Networks (2012 $ 42,000,000 )

6900 Paseo Padre Parkway
Fremont, CA 94555
Website Company Summary Management Team

Outside board: (May no longer be on the board) Frederick D'Alessio (Bell Atlantic Group President) Dixon R. Doll (DCM Ventures Managing General Partner) David R. Laube (US West Former CIO)
Former outside board: H. Dubose Montgomery (Menlo Ventures General Partner);  John C. Batty (Verilink CFO) Thomas Rambold (Siemens CTO);  Peter Sommerer (Newbridge Former COO)

Business description: 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. For more information, visit or
Customers include: IBMPoly ;  Astel;  Bay Area Rapid Transit District;  Federated Dept Stores;  Lion Nathan ;  Northern Valley Communications;  Radianz;  United States Department of Defense;  Uni-Tel;  US Marine Corps
Partners include: Bay Microsystems CascadeCisco SystemsEricssonIBMKanematsuNCR;  Acorn Packet Solutions;  Allin Consulting ;  Bellnet;  Bridgewater Systems;  CACI ;  Damovo Argentina ;  Datacraft Expand ;  Elron;  GreenPages;  Idea Integration;  Intrinsic Technologies

Rounds: 3
Capital raised: 25.3M
Ownership: Acquired by Sonus Networks (2012 $ 42,000,000 )
Stock Symbol: NWK
Corporate investors: Compaq

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Record updated: Jun 2012
Sector: Communications
Year Founded: 1982
Headcount: 201-300 as of Jan 2009
Rounds: 3
Capital Raised: 25.3M
Ownership: Acquired by Sonus Networks (2012 $ 42,000,000 )
Stock Symbol: NWK