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Bay Networks  (Stock symbol: SNPX ) Acquired by Nortel Networks (1998)

4401 Great America Parkway
Santa Clara, CA 95052
Website Company Summary Management Team

Outside board: (May no longer be on the board) Tom H Bredt (Menlo Ventures) Kathleen Cole (Computervision CEO);  John Lewis (Paragon Venture Partners);  Frank Pitt (Xerox)

Business description: Bay Networks designs, manufacturer, and supports LAN systems that significantly reduce the cost ofimplementing and operating Ethernet computer networks.
Customers include: The Gap;  Conner;  US Leasing
Partners include: EricssonIntelStrataComSun MicrosystemsWyse TechnologyXerox

Rounds: 3
Capital raised: 8.5M
Ownership: Acquired by Nortel Networks (1998)
Stock Symbol: SNPX
VCs include: Brentwood Venture CapitalInstitutional Venture PartnersMenlo Ventures;  Paragon Venture Partners
Corporate investors: Xerox

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Sector: Communications
Year Founded: 1984
Headcount: 5001-7000
Rounds: 3
Capital Raised: 8.5M
Ownership: Acquired by Nortel Networks (1998)
Stock Symbol: SNPX