Accedian
| Type | Private |
|---|---|
| Industry | Software and hardware |
| Genre | Network communication and application monitoring |
| Founders | Patrick Ostiguy and 4 partners |
| Headquarters | , Canada |
| Owners | Bridge Growth Partners |
Accedian was a Canadian company that developed network communication and application monitoring software and hardware.[1] Headquartered in Montreal, Canada, the company was majority owned by Bridge Growth Partners, until its acquisition by Cisco in September 2023.[2]
History
[edit]Accedian was founded by Patrick Ostiguy and 4 partners in 2004.[1] The company originally developed service assurance hardware and software for telecommunications service providers, including mobile network operators. The first product was a backhaul networks interface device, which links cell towers to central offices. Accedian has since made network function virtualization and virtualized customer-premises equipment (V-CPE) products.
In March 2017, Accedian announced a US$100M investment by Bridge Growth Partners in return for a major equity stake.[3]
In February 2018, Accedian announced that it had acquired Performance Vision of Paris, France for an undisclosed amount. Performance Vision developed network performance management and application performance management solutions.[4] In 2020, Dion Joannou was CEO of Accedian.[5]
In June 2023, Cisco announced its intent to acquire Accedian,[6] and it completed the transaction in September of the same year.[2]
References
[edit]- 1 2 Harvey, Ian (November 5, 2014). "How this company helps telecoms keep customers happy". The Global and Mail. Retrieved September 7, 2018.
- 1 2 "Cisco completes Accedian acquisition". September 29, 2023.
- ↑ Jackson, Emily (March 30, 2017). "Montreal network monitoring company Accedian lands US$100-million investment from U.S. firm". Financial Post. Retrieved September 7, 2018.
- ↑ "Accedian acquires Performance Vision, enhances network, application management capabilities". Fiercetelecom.com. FierceTelecom. 21 February 2018. Retrieved September 7, 2018.
- ↑ Zukis, Bob (June 24, 2020), "A CEO's View Of How The Network Saved Us During The Coronavirus", Forbes, United States, retrieved February 21, 2021
- ↑ Wollenweber, Kevin (2023-06-21). "Cisco Announces Intent to Acquire Accedian: Accelerating High Performance Service Assurance". Cisco Blogs. Retrieved 2023-06-21.