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ACQUIRED COMPANY
 
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Airespace  Acquired by Cisco Systems (2005 $ 450,000,000)

110 Nortech Parkway
San Jose, CA 95134
USA
(408)-941-0500
Website Company Summary Management Team
Board

Former outside board: Arun Sobti (IP Unity Glenayre CEO)
Company

Business description: Airespace is developing WLAN systems for enterprises and service providers. Airespace is delivering a patent-pending, next generation infrastructure to enterprises and service providers that deploy and manage Business-Critical WLANs. This highly-scalable and cost-effective system enables wireless networks to operate as reliably as wired networks. Airespace's mission is to support the enormous productivity gains associated with large scale WLAN rollouts while simultaneously reducing the pain associated with deploying large-scale, heterogeneous systems.
Customers include: NEC;  American University of Paris;  Berkeley Engineering;  Central Michigan University;  Chicago Public Library;  Duke Medical Center;  Frostburg State University;  Gallaudet University;  NTT DoCoMo;  San Jose Sharks;  Seoul Auto Gallery;  Shriners Hospitals for Children;  Silicon Valley SportsAndEntertainment;  Toledo Public Schools
Partners include: AlcatelNECNortel Networks;  D-Link;  Macnica;  Network World;  SpectraLink
Capital

Rounds: 4
Recent Fundings: Jul 2004   Aug 2003
Capital raised: 58.0M
Last Round: 20.0M
Ownership: Acquired by Cisco Systems (2005 $ 450,000,000)

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Overview
Record updated: Mar 2005
Sector: Communications
Headcount: 151-200 as of Jun 2004
Rounds: 4
Recent Fundings: Jul 2004   Aug 2003
Capital Raised: 58.0M
Last Round: 20.0M
Ownership: Acquired by Cisco Systems (2005 $ 450,000,000)