Accedian

Last updated
Accedian
Company type Private
IndustrySoftware and hardware
GenreNetwork communication and application monitoring
FoundersPatrick Ostiguy and 4 partners
Headquarters
Montreal
,
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]

Contents

History

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]

Awards and recognition

In October 2011, Accedian was named on the Deloitte Fast 50 list of the fifty fastest growing technology companies in Canada. [7] [8]

In 2014, Accedian was named the fastest growing technology company in Canada with first place in the Deloitte Fast 50 list. Accedian placed second in Deloitte's Technology Fast 500 list for North America. [9]

In February 2018, research firm Gartner named Accedian as a Magic Quadrant leader in the network performance monitoring and diagnostics (NPMD) category. [10]

In 2021, Patrick Ostiguy was still executive chairman of Accedian Networks Inc. [11]

Related Research Articles

Deloitte Touche Tohmatsu Limited, commonly referred to as Deloitte, is a British multinational professional services network. Deloitte is the largest professional services network by revenue and number of employees in the world and is considered one of the Big Four accounting firms, along with EY, KPMG, and PwC.

<span class="mw-page-title-main">Juniper Networks</span> American multinational technology company

Juniper Networks, Inc. is an American multinational corporation headquartered in Sunnyvale, California. The company develops and markets networking products, including routers, switches, network management software, network security products, and software-defined networking technology.

Extreme Networks, Inc. is an American networking company based in Morrisville, North Carolina. Extreme Networks designs, develops, and manufactures wired and wireless network infrastructure equipment and develops the software for network management, policy, analytics, security and access controls.

<span class="mw-page-title-main">Sourcefire</span> American computer security company

Sourcefire, Inc was a technology company that developed network security hardware and software. The company's Firepower network security appliances were based on Snort, an open-source intrusion detection system (IDS). Sourcefire was acquired by Cisco for $2.7 billion in July 2013.

<span class="mw-page-title-main">Splunk</span> American technology company

Splunk Inc. is an American software company based in San Francisco, California, that produces software for searching, monitoring, and analyzing machine-generated data via a web-style interface. Its software helps capture, index and correlate real-time data in a searchable repository, from which it can generate graphs, reports, alerts, dashboards and visualizations.

Secureworks Inc. is an American cybersecurity company. The company has approximately 4,000 customers in more than 50 countries, ranging from Fortune 100 companies to mid-sized businesses in a variety of industries.

Plateau Systems is a provider of Talent Management Systems headquartered in Arlington, Virginia, with offices across the United States, Europe, and Asia Pacific. The company provides SaaS products that allow organizations to develop, analyze, and manage organizational talent.

iBwave Solutions is a telecom radio planning software provider that develops solutions for the in-building wireless industry. iBwave is best known for its software iBwave Design, mostly used by telecom operators, system integrators and equipment vendors. iBwave is a Canadian-based company that was founded in 2003 and is headquartered in Montreal.

Telesphere is a nationwide Unified Communications as a Service provider for businesses. In 2003, Telesphere began providing highly secure cloud-based voice and data services over a private IP MPLS network to mid and large enterprises throughout the United States and now also in Europe. Telesphere provides hosted VoIP, managed video bridging, MPLS network services, private SIP trunking, mobile integration and many other cloud communications services. Services are available regardless of the geographic location throughout the United States.

Keynote Systems was a U.S. based company that specialized in developing and marketing software as a service technology to measure, test, and improve from the end user perspective, the performance of websites, online content, applications, and services across browsers, networks, and mobile devices. Keynote provided independent testing, measurement and monitoring of mobile content, applications, and services on real devices across multiple mobile operator networks.

Anaplan is a business planning software company headquartered in Miami, Florida. Anaplan sells subscriptions for cloud-based business-planning software and provides data for decision-making purposes.

Acquia is a software-as-a-service company co-founded by Dries Buytaert and Jay Batson to provide enterprise products, services, and technical support for the open-source web content management platform Drupal.

AppDynamics is a full-stack application performance management (APM) and IT operations analytics (ITOA) company based in San Francisco. The company focuses on managing the performance and availability of applications across cloud computing environments, IT infrastructure, network architecture, digital user experience design, application security threat detection, observability, and data centers. In March 2017, AppDynamics was acquired by Cisco for $3.7 billion. The software intelligence platform is used in enterprise and public sector SaaS applications such as the financial service sector, healthcare, telecom, manufacturing, and government for full-stack observability and IT infrastructure monitoring.

<span class="mw-page-title-main">CallidusCloud</span> US enterprise software and SaaS company

The SAP Sales Cloud, formerly CallidusCloud, is an enterprise software and software as a service (SaaS) company headquartered in Dublin, California. The company markets services for sales effectiveness, sales management and sales execution software and services.

<span class="mw-page-title-main">VOSS Solutions</span>

VOSS Solutions is a British-founded multinational provider of digital workplace management technology, headquartered in Garland, Texas, that provides automation management software.

Alteryx, Inc. is an American computer software company based in Irvine, California, with a development center in Broomfield, Colorado, and offices worldwide. The company's products are used for data science and analytics. The software is designed to make advanced analytics automation accessible to any data worker.

<span class="mw-page-title-main">Dynatrace</span> American technology company

Dynatrace, Inc. is a global technology company that provides a software observability platform based on artificial intelligence (AI) and automation. Dynatrace technologies are used to monitor, analyze, and optimize application performance, software development and security practices, IT infrastructure, and user experience for businesses and government agencies throughout the world.

<span class="mw-page-title-main">Smarsh</span>

Smarsh is a "software as a service" (SaaS) company headquartered in Portland, Oregon, with nine offices worldwide. The company provides comprehensive archiving and has compliance, supervision and e-discovery solutions for companies in highly regulated industries, including public sector and financial services.

StarLeaf was a global video conferencing and collaboration software company that provided cloud-based Instant messaging, meeting and calling for business users. StarLeaf enabled people to meet and collaborate from their desktop and mobile devices, as well as via proprietary StarLeaf and third-party meeting room systems. The company was headquartered near Watford, UK, with offices throughout Europe, the Americas and Australasia.

Flowmon Networks is a privately held technology company which develops network performance monitoring and network security products utilizing information from traffic flow. Its Flowmon product series consists of network monitoring probes, collectors for flow data analysis and software modules which extend probes and collectors by analytical features for network behavior anomaly detection, network awareness application performance management, DDoS detection and mitigation and traffic recording.

References

  1. 1 2 Harvey, Ian (November 5, 2014). "How this company helps telecoms keep customers happy". The Global and Mail. Retrieved September 7, 2018.
  2. 1 2 "Cisco completes Accedian acquisition". September 29, 2023.
  3. ↑ 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.
  4. ↑ "Accedian acquires Performance Vision, enhances network, application management capabilities". Fiercetelecom.com. FierceTelecom. 21 February 2018. Retrieved September 7, 2018.
  5. ↑ 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
  6. ↑ Wollenweber, Kevin (2023-06-21). "Cisco Announces Intent to Acquire Accedian: Accelerating High Performance Service Assurance". Cisco Blogs. Retrieved 2023-06-21.
  7. ↑ Chapnik Myers, Randi (October 19, 2011). "Accedian Networks tops Deloitte Fast 50 list". The Globe and Mail. Retrieved September 7, 2018.
  8. ↑ Dobby, Christine (October 19, 2011). "Canada's 50 fastest growing tech companies". National Post. Retrieved September 7, 2018.
  9. ↑ Magder, Jason (October 19, 2011). "Montreal companies among Canada's fastest growing". Montreal Gazette. Retrieved September 7, 2018.
  10. ↑ "Magic Quadrant for Network Performance Monitoring and Diagnostics". www.gartner.com. Retrieved September 7, 2018.
  11. ↑ Orton, Tyler (June 5, 2020), Canada's 5G future now in hands of European vendors, Canada: BIV, retrieved February 21, 2021
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.