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Asante Networks  (Stock symbol: ASNL ) Acquired by TechnoConcepts (2005 $ 5)

2223 Old Oakland Road
San Jose, CA 95131
Website Company Summary Management Team

Outside board: (May no longer be on the board) Wilson Wong (Asante Networks Director);  Terry Eger (Cisco Systems VP Sales);  Michael Kaufman (MK Global Ventures);  SooBoon Koh (Vertex Ventures);  Jeff Lin (Proton Management Consulting);  Edmund Tseng (OSE CEO);  Cyrus Tsui (Lattice Semiconductor CEO)

Business description: Asante continues to lead the industry toward new horizons. With the emergence of the Internet, Asante has recognized the value of speed. To meet that need, Asante developed products such as cable/DSL routers that let users safely share broadband Internet connections and high-speed Gigabit Ethernet switches and adapters that speed up the transfer of large graphics files for digital design and pre-press operations. The company is organized along two product lines that focus on different customers' networking needs. The FriendlyNET line provides networking solutions for small offices, homes, schools, and pre-press markets. This line consists of award-winning cable/DSL routers, GigaNIX PCI adapters, and USB hubs. Recent developments include wireless network products and a comprehensive line of Gigabit Ethernet switches--the GX5 series. FriendlyNET products are designed with speed, value, and ease-of-mind. The IntraCore product line serves enterprise customers and Internet Service Providers (ISPs). Its Layer 2 and 3 switches include those for managed workgroups, Gigabit Ethernet, high-capacity fiber optic backbones, and chassis-based multimedia. These systems meet the requirements for multi-service networks that support all applications and data types.
Customers include: NASAStanford University;  Law Livermore;  Liguori Publications;  Lockheed;  Wenatchee School District #246
Partners include: Apple;  OSE;  Plaintree;  Power Computing

Ownership: Acquired by TechnoConcepts (2005 $ 5)
Stock Symbol: ASNL
VCs include: Vertex Ventures
Corporate investors: Orient Semiconductor

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Record updated: Jun 2006
Sector: Communications
Year Founded: 1988
Headcount: 76-100 as of Apr 2002
Ownership: Acquired by TechnoConcepts (2005 $ 5)
Stock Symbol: ASNL