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Riverstone Networks  (Stock symbol: RSTN ) Acquired by Lucent Technologies (2006 $ 207,000,000 )

5200 Great America Parkway
Santa Clara, CA 95054
Website Company Summary Management Team

Outside board: (May no longer be on the board) Jorge A Del Calvo (Pillsbury, Winthrop Partner) Dale Booth (Fujitsu Network Communications);  George McClelland (Data General Treasurer);  Mike Ressner (Nortel Networks);  Sylvia D Summers Couder (Silvan Networks CEO) William Weyand (Structural Dynamics CEO)
Former outside board: Lee Cox (AirTouch Vice Chairman);  Christopher B Paisley (3Com CFO)

Business description: Riverstone Networks, Inc. (RSTN.PK) is the leading provider of carrier class solutions for next generation metro Ethernet networks. Riverstone's metro routers and provisioning solutions deliver the ease of use, cost effectiveness, and flexibility that carriers require in meeting their customers' IP networking requirements in support of voice, video, and data services. Riverstone uniquely permits carriers to offer homogeneous services across existing revenue-generating networks and new Ethernet deployments. Carriers, service providers, governments and campuses can all leverage Riverstone technology for greater network reliability, control and security. Hardware accelerated switching and routing allow mission critical network operators to take advantage of advanced QoS, traffic monitoring and service creation features with no impact on performance. Riverstone Networks is a pioneer in the development of technologies for Metro Ethernet networks. R& D at Riverstone is inspired by the knowledge we gain, working closely with service providers during the planning, implementation and operation of their networks.
Customers include: British TelecomCox CommunicationsEarthLinkSurewest Communications;  China Netcom;  Completel Europe N.V.;  Dreamline;  Hanaro Telecom;  Korea Telecom;  Livingston Telephone;  Ntera;  Okinawa City;  Optynex;  PCCW-HKT Network Services;  Pentagon;  Quest Communications;  Shanxi Railcom;  Telefonica de Espana;  Telia;  University of Arizone Telemedicine

Ownership: Acquired by Lucent Technologies (2006 $ 207,000,000 )
Stock Symbol: RSTN
Corporate investors: Cabletron
Private equity: Silver Lake Partners

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Record updated: Sep 2005
Sector: Communications
Year Founded: 1996
Headcount: 501-600 as of Jun 2003
Ownership: Acquired by Lucent Technologies (2006 $ 207,000,000 )
Stock Symbol: RSTN