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Packeteer  (Stock symbol: PKTR ) Acquired by Blue Coat Systems (2008 $ 268,000,000 )

10201 N. De Anza Blvd.
Cupertino, CA 95014
Website Company Summary Management Team

Outside board: (May no longer be on the board) Gregory E. Myers (Symantec Former CFO) Steven J. Campbell (Packeteer Founder) Craig Elliott (Packeteer Former CEO) Joseph A. Graziano (Apple Former CFO) L. William Krause (Caspian Former CEO) Bernard Mathaisel (Solectron CIO) Peter Van Camp (Equinix CEO)

Business description: Packeteer (NASDAQ: PKTR), founded in January 1996 and based in Cupertino, California, is the leading provider of application traffic management solutions worldwide. Built with Packeteer's patented technology for intelligent bandwidth management, these solutions optimize network and application performance across wide-area networks and the Internet. The result is reduced IT operational costs and increased business productivity. Packeteer offers a comprehensive set of solutions that provide visibility, control, compression, and management of Internet-enabled business applications and managed application services. These solutions - which include PacketSeeker™ PacketShaper,® PacketShaper Xpress, ReportCenter, and PolicyCenter - enable businesses to optimize use of WAN connectivity resources, and align application performance with business priorities. For service providers, Packeteer systems provide a platform for delivering application-intelligent network services that control quality of service and expand revenue opportunities.
Customers include: ABM IndustriesAutodeskBritish TelecomCypress SemiconductorHPIMPAC Medical SystemsLiz Claiborne Logitech InternationalLucent Technologies;  Arch Coal ;  Bank of Tokyo-Mitsubishi;  Beckman Coulter;  Catholic Human Services;  Caufield Grammar School;  Clear Channel;;  DRS Technologies ;  E-chx ;  Edmonds School District;  Enterasys Networks ;  Episcopal High School;  Equant;  HallAndForeman;  Henderson District Public Libraries ;  Illinois State University ;  J. Walter Thompson;  Kysor ;  LandAmerica Financial Group;  Loyola College ;  Mary Kay ;  Midwest Financial Credit Union;  Networks Telecom;  Ohio Data Acquisition Consortiums;  Queensland EPA;  Radiation Oncology Centers;  Region 11;  Schering Benelux;  Southern Regional Health System;  STAR Group Limited;  Tacoma Radiation Oncology Center;  University of Colima ;  Victoria DSE;  Wuesthoff Health Systems
Partners include: Tacit Networks ;  Westcon

Rounds: 4
Capital raised: 20.0M
Ownership: Acquired by Blue Coat Systems (2008 $ 268,000,000 )
Stock Symbol: PKTR
Corporate investors: London Life

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Record updated: Apr 2008
Sector: Communications
Year Founded: 1995
Headcount: 401-500 as of Feb 2008
Rounds: 4
Capital Raised: 20.0M
Ownership: Acquired by Blue Coat Systems (2008 $ 268,000,000 )
Stock Symbol: PKTR