BNET Industries

Market Cap:$652.4M
Last Fiscal Year Sales:$305.4M
  • Public
  • US
Dow Jones Description

Blue Coat Systems, Inc., founded in 1996, (NASDAQ: BCSI) is a publicly-held company based in Sunnyvale, California. Blue Coat secures Web communications and accelerates business applications across the distributed enterprise. Blue Coat?s family of appliances and client-based solutions ? deployed in branch offices, Internet gateways, end points, and data centers ? provide intelligent points of policy-based control enabling IT organizations to optimize security and accelerate performance for all users and applications. Blue Coat has installed more than 8,000 customers worldwide and is ranked #1 by IDC in the Secure Content and Application Delivery market.

President & CEOBrian M. Nesmith
Number of Employees 1,033
Contact Information

420 N. Mary Avenue

Sunnyvale, California 94085-4121

www.bluecoat.co...

(408) 220-2200

NAICS Code Computer Storage Device Manufacturing: 334112

Recent Events

  • Korea's National Health Insurance Leverages Blue Coat Appliances for Web Security and Control

    6/26/09 - Licensing / Contract - View Story

  • Korea's National Health Insurance Corporation Selects Blue Coat Appliances for Web Security and...

    6/23/09 - Licensing / Contract - View Story

  • Koreas National Health Insurance Corporation Selects Blue Coat

    6/23/09 - Licensing / Contract - View Story

  • Youngone Trading Selects Blue Coat Appliances for WAN Optimization

    6/02/09 - Licensing / Contract - View Story

  • Blue Coat misses on 4Q earnings; shares slip

    6/02/09 - Financial Announcement - View Story

  • Ocean Sky Builds Competitive Advantage with Blue Coat ProxySG

    5/27/09 - Licensing / Contract - View Story

  • Ocean Sky Builds Competitive Advantage with Blue Coat ProxySG Appliances

    5/27/09 - Licensing / Contract - View Story

  • Proofpoint Posts Record Revenues in Q1

    4/23/09 - Joint Venture / Alliance - View Story

  • UPDATE 1-Blue Coat Systems shares fall on CFO departure

    3/27/09 - Bond / Stock Rating - View Story

  • UPDATE 1-Blue Coat Systems shares fall on CFO departure

    3/27/09 - Mgmt. Change Leaving - CFO - View Story

  • Blue Coat Systems Inc. Announces Chief Financial Officer Transition

    3/26/09 - Mgmt. Change Leaving - Vice President - View Story

  • Blue Coat Introduces WAN Optimization Solution for Fast Installation and Immediate “Time-to-Valueâ€?

    3/23/09 - Product Announcement - View Story

  • BCSI: Management Discusses Positive Q3 Results; Lazard Maintains Buy Rating

    2/27/09 - Bond / Stock Rating - View Story

  • CORRECTING and REPLACING Blue Coat Reports Financial Results for

    2/26/09 - Financial Announcement - View Story

  • Blue Coat Unveils New Business Application

    2/11/09 - Product Announcement - View Story

  • Blue Coat Appoints Carol Mills to Its Board

    1/15/09 - Board Member - Entering - View Story

News & Analysis

blue coat systems inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Brian M. Nesmith President & CEO
Robert S. Quinn CIO
Dave de Simone Senior Vice President Corporate Operations
Rich Holstein Senior Vice President, Worldwide Technical Operations
Tom Ayers Senior Vice President, Worldwide Sales
Cameron Laughlin Vice President
Charles Dauber Vice President, Security Prods
Craig Stewart Vice President
Dave Cox Vice President, Operations
John Carosella Vice President & General Manager
Johnny Batten Vice President, Customer Services, Global
Matthew Young Vice President, Asia Pacific
Steve Mullaney Vice President, Worldwide Marketing
Tom Clare Director, Product Marketing
Brian Burke Research Manager, IDCs Security Products
Jay C. Hoag Investor

Board of Directors

Name (plus bio) Position
Dave Hanna Chairman
Andy Rachleff Board of Directors
Jim Barth Board of Directors

Brian NeSmith is a 1984 graduate of the Massachusetts Institute of Technology, holding a Bachelors Degree in electrical engineering. In 1993, NeSmith co-founded Newbridge Networks' Local Area Networking business, VIVID, and served as the unit's first general manager. Under NeSmith'/s direction, VIVID developed and executed Newbridge's product strategy for Layer 3 Switched Routing products. In 1995, NeSmith co-founded and was CEO of Ipsilon Networks, the pioneer of IP Switching technology. In 1997, Ipsilon was acquired by Nokia, where the Ipsilon products became the basis for the market-leading Nokia firewall appliance. NeSmith served as general manager of the Nokia firewall appliance division. That business has grown to a $500M annual revenue. In March 1999, NeSmith was appointed President and CEO of then privately-held CacheFlow. NeSmith took the company public in November 1999, and has led the company on a strategic evolution to Blue Coat Systems, profitability and the number one proxy appliance position worldwide. Throughout his career, NeSmith has been a prominent figure in the IT industry, regularly speaking at industry events including Networld+Interop, Supercomm, InternetWorld and Technologic Partners' Network Outlook. NeSmith has also written for publications such as Network World, Data Communications, and InternetWeek. NeSmith is a frequent guest on network television programs such as CNBC, CNN, and Bloomberg. Today, NeSmith leads Blue Coat Systems in its mission to provide organizations with total visibility and control of all Web communications.

Organization Position Status
Blue Coat Systems, Inc. President & CEO Current
Blue Coat Systems, Inc. Board of Directors Current
Organization Position Status
Blue Coat Systems, Inc. CIO Current
Genentech, Inc. Vice President Former

Dave de Simone is Senior Vice President of Corporate Operations at Blue Coat Systems and is responsible for development, delivery, and support of Blue Coat products, as well as operational management of the company. Dave has more than 30 years of engineering, operations, and business development experience in computer systems, software, and storage networking industries. Prior to joining Blue Coat, David held a vice president of engineering position at Brocade Communications. During his tenure at Brocade, Dave oversaw the growth of the product line from a single storage switching platform to a family of switching products with value added software offerings. Dave also spent eleven years with Compaq/Tandem where he was a vice president of engineering responsible for hardware and software development, as well as a number of business development and partnering functions. Prior to Compaq/Tandem, Dave was with MIPS Computer systems, Apple, and Amdahl, holding a variety of positions in engineering and operations management. David holds a bachelors degree in Engineering from University of California, Davis.

Organization Position Status
Blue Coat Systems, Inc. Senior Vice President Corporate Operations Current
Blue Coat Systems, Inc. Vice President, Engineering Former
Organization Position Status
Blue Coat Systems, Inc. Senior Vice President, Worldwide Technical Operations Current
Nokia Corporation Former
International Business Machines Corporation Former
The Pennsylvania State University Bachelor of Science degree in Computer Science Former
Organization Position Status
Blue Coat Systems, Inc. Senior Vice President, Worldwide Sales Current
Fujitsu Limited vice president of sales Former
Organization Position Status
Blue Coat Systems, Inc. Vice President Current
Organization Position Status
Blue Coat Systems, Inc. Vice President, Security Prods Current

Craig Stewart leads EMEA sales for Blue Coat Systems. Stewart joined Blue Coat at IPO in 1999, following a very successful tenure with Ascend Communications Inc. A Senior Sales Manager for Ascend, Stewart established the company's initial presence in Sydney, Australia, and Eastern and Central Europe. His final 2 years were as Managing Director of Ascend Communications UK Ltd. Over his career, Stewart has held a number of corporate and independent sales and consulting roles. He has advised on computing and communications to financial institutions in the City of London and to Enterprise organizations throughout the UK and Australia. Stewart has run his own company twice, and partnered with others to establish a Value Added Reseller in Sydney and a Communications Consulting company which won a "Small Business of the Year" award in Perth, Western Australia. Larger companies Stewart has worked for include Lucent, Ascom Timeplex, NZ Telecom, and Citibank. Stewart has a Bachelor of Engineering (Hons) degree from the University of Canterbury, New Zealand and holds a Diploma in Company Direction from the Institute of Directors, United Kingdom

Organization Position Status
Blue Coat Systems, Inc. Vice President Current
University of Canterbury Bachelor of Engineering (Hons) Degree Former

Dave Cox will serve as vice president of operations. He has more than 15 years of operations management experience in the networking and information technology industry. Prior to Blue Coat, Cox served as vice president of operations for RouteScience and Pluris, and as a manufacturing consultant for Hammerhead Systems. He also comes to Blue Coat with extensive manufacturing management experience from Cisco Systems.

Organization Position Status
Blue Coat Systems, Inc. Vice President, Operations Current
Cisco Systems, Inc. business operations director Former
Santa Clara University MBA Former
University of California, Davis BA in International Relations Former

John Carosella is responsible for product management of Blue Coat's hardware platforms. He is also responsible for Blue Coat's K9 Web Protection product and the associated community outreach programs. John has over 20 years experience ranging from product management to business strategy and market development. Previously, John worked at Nokia, where he established the Nokia-Check Point relationship and created the market-leading Nokia firewall appliance, producing a $300M revenue stream in three years. In addition, his strategy work led to the reorganization of key Nokia resources into an $800M division, and the $315M purchase of Network Alchemy. John's background includes his work as co-founder and product architect of Newbridge Networks' Local Area Networking business, VIVID; and as President of Zippy Communications, where he pioneered a pocket-sized mobile solution for secure inter-company communications John holds a BS in Computer Science from Cornell University.

Organization Position Status
Blue Coat Systems, Inc. Vice President & General Manager Current
Nokia Corporation Former
Cornell University B.S. in Computer Science Former
Organization Position Status
Blue Coat Systems, Inc. Vice President, Customer Services, Global Current
Organization Position Status
Blue Coat Systems, Inc. Vice President, Asia Pacific Current
Organization Position Status
Blue Coat Systems, Inc. Vice President, Worldwide Marketing Current
Force10 Networks, Inc. vice president Former
University of Rhode Island BS in Electrical Engineering Former
Organization Position Status
Blue Coat Systems, Inc. Director, Product Marketing Current
Organization Position Status
Blue Coat Systems, Inc. Research Manager, IDCs Security Products Current
Organization Position Status
Tropos Networks, Inc. Chairman Current
Blue Coat Systems, Inc. Chairman Current
Cacheflow Former
The University of Arizona BS degree in Business Administration Former
Organization Position Status
Benchmark Capital Owner Current
Stanford Graduate School of Business lecturer in entrepreneurship Current
Damon Runyon Cancer Research Foundation Board of Directors Current
Blue Lane Technologies, Inc. Board of Directors Current
Equinix, Inc. Board of Directors Current
Blue Coat Systems, Inc. Board of Directors Current
University of Pennsylvania Board of Trustees Current
University of Pennsylvania member of the board of trustees Current
Netscape Communications Corporation Senior Vice President Former
Netscape Communications Corporation General Manager of Browser Products Former
Merrill, Pickard, Anderson & Eyre general partner Former
Benchmark Capital Partner Former
Crosspoint Venture Partners general partner Former
Mpae Former
Epigram, Inc. Investor Former
Cport.Com, LLC Investor Former
Equinix, Inc. Investor Former
Juniper Networks, Inc. Investor Former
Blue Coat Systems, Inc. Investor Former
OpsWare Inc. Investor Former
Blue Lane Technologies, Inc. Investor Former
Shasta Networks Investor Former
AOL LLC Investor Former
Legato Systems, Inc. Investor Former
Stanford Graduate School of Business MBA Former
University of Pennsylvania BS Former

Jim Barth is a co-founder and responsible for the strategic direction and the overall operational success of Proximex. Mr. Barth has served as an executive officer of technology companies for over 25 years, including senior vice president finance and administration and chief financial officer of NetIQ Corporation (NASDAQ: NTIQ) from March 1999 until September 2004, Interlink Computer Sciences (NASDAQ: acquired by Sterling Software), Rational Software Corporation (NASDAQ: acquired by IBM) and Pertec Computer Corporation (NYSE: acquired by Volkswagen). Mr. Barth is also a director and chairman of the audit committee of Blue Coat Systems, Inc. (NASDAQ: BCSI). Mr. Barth is a Certified Public Accountant and holds a BSBA from UCLA Anderson School of Business.

Organization Position Status
Proximex Corporation Chief Financial Officer Current
Blue Coat Systems, Inc. Board of Directors Current
Proximex Corporation Co-Founder Current
Organization Position Status
Technology Crossover Ventures Co-founder Current
Technology Crossover Ventures Founding General Partner Current
Northwestern University Trustee Current
Venrock Associates Current
The Anya Corp Wireless Store Current
InPhonic, Inc. Director Current
Fandango, Inc. Director Current
Zillow.com Director Current
Eharmony.Com, Inc. Director Current
NetFlix, Inc. Board of Directors Current
TechTarget, Inc. Director Current
Altiris Inc. Director Current
Main Street Ltd. Director Current
RealNetworks, Inc. Investor Current
Altiris Inc. Investor Current
TechTarget, Inc. Investor Current
CNET Networks, Inc. Investor Current
Vacationspot.Com Investor Current
EXE Technologies, Inc. Investor Current
Onyx Software Corporation Investor Current
Eharmony.Com, Inc. Investor Current
eloyalty Corporation Investor Current
Expedia, Inc. Investor Current
Encompass, LLC Investor Current
Blue Coat Systems, Inc. Investor Current
Steven Schor Inc. Investor Current
Fandango, Inc. Investor Current
Actuate Software Corporation Investor Current
Viant Corporation Investor Current
Chancellor Capital Management Managing Director Former
Chancellor Capital Management Fund Manager Former
Altiris Inc. Director Former
eloyalty Corporation Board of Directors Former
Chancellor Capital Management Venture Capitalist Former
Technology Crossover Ventures Venture capitalist Former
Ascend Communications Investor Former
Netcom Inc. Investor Former
Macromedia, Inc. Investor Former
CompUSA Inc. Investor Former
PictureTel Investor Former
Intuit, Inc. Investor Former
Sybase, Inc. Investor Former
University of Michigan M.B.A. Former
Northwestern University B.A. Former

Executive News

  • New Web Service from Xignite Makes Corporate Actions Data Automation Simple and Cost Effective

    Business Wire - 6/22/09 - View Story

  • Blue Coat Reports Financial Results for Fourth Quarter and Year Ended April 30, 2009

    DiGiTAL50 - 6/02/09 - View Story

  • Blue Coat Reports Financial Results for Fourth Quarter and Year Ended April 30, 2009

    Forbes.com - 6/02/09 - View Story

  • Blue Coat Reports Financial Results for Fourth Quarter and Year Ended April 30, 2009

    TradingMarkets - 6/02/09 - View Story

  • Blue Coat Reports Financial Results for Fourth Quarter and Year Ended April 30, 2009

    Reuters - 6/02/09 - View Story

  • Blue Coat Reports Financial Results for Fourth Quarter and Year

    Business Wire via MSN Money - 6/02/09 - View Story

  • Blue Coat Reports Financial Results for Fourth Quarter and Year Ended April 30, 2009

    Business Wire - 6/02/09 - View Story

  • Blue Coat to Hold Q4 Results Announcement on June 2, 2009

    Business Wire - 6/01/09 - View Story

  • Blue Coat to Host Fourth Annual Community Art Showcase in Sunnyvale

    Reuters - 5/27/09 - View Story

  • Blue Coat to Host Fourth Annual Community Art Showcase in Sunnyvale

    Forbes.com - 5/27/09 - View Story

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     BCSI $16.50 -0.01 (-0.06% )
Average Volume 718,762
Shares Outstanding 39.74M
Market Cap 655.6M
Year High 19.5
Year Low 6.96
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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