// Workers AI · dad joke modeWhat did Paradyne say to its date? You're dynamically mine.

Paradyne Networks, Inc.

Formerly	Paradyne Corporation (1969-1989) AT&T Paradyne (1989-1996) Paradyne Networks, Inc. (1996-2005)
Industry	Telecommunications
Founded	1969 (1969)
Defunct	2005
Fate	Acquired by Zhone Technologies
Headquarters	Largo, Florida
Website	paradyne.com at the Wayback Machine (archived 2004-06-23)

Logo of AT&T Paradyne

Paradyne Networks, Inc. was a manufacturer of telecommunications hardware, based in Largo, Florida. The company formed in 1969 as Paradyne Corporation to supply computer communications systems and expanded steadily through the 1970s and 80s. During these period it operated in the high-end modem market and competed with Motorola Codex, Racal-Milgo, and divisions of AT&T and IBM.

As one of its first major purchases after the 1982 Breakup of the Bell System, AT&T purchased the company for $250 million in 1989 and renamed it to AT&T Paradyne. The company grew to become a major supplier in the digital subscriber line (DSL) industry as that expanded. When AT&T spun off Lucent in 1996, Paradyne moved to the new company. Lucent quickly sold Paradyne to Texas Pacific Group (TPG Capital) for $175 million where it became Paradyne Networks, Inc..

Net to Net Technologies was acquired by Paradyne in 2004

In 2004, Paradyne acquired Net to Net Technologies.

The company was acquired by Zhone Technologies in 2005 for US$183.6 million.

References

• "Paradyne At A Glance". Archived from the original on 6 February 1997.
• "Lucent Technologies Agrees To Sell AT&T Paradyne Unit". The New York Times. 20 June 1996.
• Bonner Jr., George (23 March 1983). "Paradyne Corporation, a maker of 'modems,' rebounds and astounds". The Christian Science Monitor.
• Trigaux, Robert (4 October 2005). ""For sale' sign out at AT&T Paradyne". Tampa Bay Times.

Further reading

• Davis, J. Steve (1988). "Ethical Problems in Competitive Bidding: The Paradyne Case". Business and Professional Ethics Journal. 7 (2): 3–25. ISSN 0277-2027.

External links

• Official website at the Wayback Machine (archived 2004-06-23)
• Official website (AT&T Paradyne) at the Wayback Machine (archived 1996-12-28)