Newbridge Networks - Ownership and Business Overview

CommunicationsCompany

Newbridge Networks Ownership

Who owns Newbridge Networks?

.

Newbridge Networks Business Overview

Where is Newbridge Networks headquartered?

Newbridge Networks is headquartered in Herndon, Virginia.

What sector is Newbridge Networks in?

Newbridge Networks is a communications company.

When was Newbridge Networks founded?

Newbridge Networks was founded in 1986.

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Newbridge Networks, Inc.

593 Herndon Parkway,
Herndon, Virginia 22070-5241
United States,
www.newbridge.com

The Permira Funds were the only early stage venture capital investor in the creation of Newbridge Networks. Newbridge Networks was a Canadian based PBX and telecom equipment business set up by Terry Matthews, the founder of Mitel. Newbridge Networks grew from a start-up in 1987, through to an IPO in July 1989 on NASDAQ, at which time the Permira Funds realised their investment. Today, Newbridge Networks' customers include the world's 350 largest telecommunications service providers and more than 14,000 corporations, government organisations and other institutions. The company employs more than 6,000 people on six continents. In 2000 Newbridge Networks was acquired by Alcatel in a $7 billion transaction.


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