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Ascend Communications  (Stock symbol: ASND ) Acquired by Lucent Technologies (1999 $ 2,500,000,000)

17010 Harbour Bay Parkway
Alameda, CA 94502
Website Company Summary Management Team

Outside board: (May no longer be on the board) Dennis Wu (WuHoover & Co.) Betsy S Atkins (Amplitude Software) Roger Evans (Greylock Partners);  Paul J Ferri (Matrix Partners);  David Helfrich (ComVentures) C Richard Kramlich (NEA) James Lally (Kleiner Perkins);  Betsy Miller (Nellson Candies)
Former outside board: John W Jarve (Menlo Ventures Managing Director)

Business description: Ascend Communications manufactures WAN data communication and customer premises equipment providing ISDN and leased access to the public switched digital network for LAN, video, images, NET.
Customers include: ATandTGTEHPIBMMCISprintUUNET
Partners include: ATandTCombinetIBMLucent TechnologiesMCIMicrosoftNECSprint;  Paridigm;  PictureTel;  Trusted Information

Capital raised: 28.8M
Ownership: Acquired by Lucent Technologies (1999 $ 2,500,000,000)
Stock Symbol: ASND

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Sector: Communications
Year Founded: 1988
Headcount: 1601-2000 as of Apr 1999
Capital Raised: 28.8M
Ownership: Acquired by Lucent Technologies (1999 $ 2,500,000,000)
Stock Symbol: ASND