BNET Industries
Last Fiscal Year Sales:$299.9M
- Public
- US
Dow Jones Description
We were previously a subsidiary of Cabletron Systems, Inc. We completed our initial public offering on February 22, 2001. On August 6, 2001, Cabletron distributed all of its shares of our common stock to its stockholders and we ceased to be a subsidiary of Cabletron. On the same date, Cabletron merged its subsidiary Enterasys Networks, Inc. into itself and renamed itself Enterasys Networks, Inc. We were initially incorporated as Yago Systems, Inc. in September 1996 in the state of Delaware. Yago was acquired by Cabletron in March 1998 and became a wholly owned subsidiary of Cabletron. In April 2000 Cabletron changed Yago?s name to Riverstone Networks, Inc., and in June 2000 we entered into agreements with Cabletron, Aprisma Management Technologies, Inc., Enterasys and GlobalNetwork Technology Services, Inc. relating to the separation of our business from Cabletron. Business We are a leading provider of metropolitan area networking solutions that enable service providers to convert raw bandwidth into profitable services over legacy and next-generation infrastructures.
Number of Employees 250
Contact Information
5200 Great America Pkwy
Santa Clara, California 95054-1108
1 408 878 6500
Peer Companies
NAICS Code Semiconductor and Related Device Manufacturing: 334413
News & Analysis
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riverstone and riverstone networks - All News and Analysis
Telefonica selects metro Ethernet solution from Lucent Technologies and Riverstone Networks for multimedia broadband service; Telefonica selects Lucent and Riverstone solution to deliver Video and Internet services over DSL to its customers.
M2 PRESSWIRE-30 September 2004-Lucent Technologies: Telefonica selects metro Ethernet solution from Lucent Technologies and Riverstone Networks for multimedia broadband service; Telefonica selects Lucent and Riverstone solution to deliver Video and Internet services over DSL to its customersC1994-2004 M2 COMMUNICATIONS LTD RDATE:09302004 ...
Riverstone Networks and Getronics Italy partner to deliver advanced MPLS solutions to the Italian market.(Italy)(Getronics Solutions Italia S.p.A.)
Riverstone Networks Inc. announced a partnership with the Italian subsidiary of Getronics, a leading system integrator for the information and communication technology ICT solutions and services sector, to deliver Riverstone's comprehensive portfolio of multi-protocol label switching MPLS technologies to mission-critical networks throughout Italy. Under the...
Riverstone Networks and Getronics partner to deliver MPLS solutions to the Italian market; Partnership provides solutions for mission-critical networking environments, as Riverstone benefits from Getronics' expertise, experience and market presence.
M2 PRESSWIRE-3 July 2003-Riverstone Networks: Riverstone Networks and Getronics partner to deliver MPLS solutions to the Italian market; Partnership provides solutions for mission-critical networking environments, as Riverstone benefits from Getronics' expertise, experience and market presenceC1994-2003 M2 COMMUNICATIONS LTD RDATE:07032003 Milan...
Riverstone Expecting Falling Revenues
Network gear maker Riverstone Networks [Nasdaq: RSTN] warned that its fiscal first-quarter loss will be wider than that of the previous year because of weakness in its Asian markets. The company anticipates a first-quarter loss of about $18.6 million to $20.7 million, or 15 cents to 17 cents per share....
Hanaro Telecom selects Riverstone Networks for nationwide fiber-to-the-home network expansion. (Korea).
Metropolitan area networking pioneer Riverstone Networks Inc. announced that HANARO TELECOM, the second largest broadband service provider in Korea, has selected Riverstone's metro routers for its e-Valley project expansion, bringing fiber-to-the-home services to its 3 million subscribers. Hanaro's e-Valley project delivers 45 MB,...
Hanaro Telecom selects Riverstone Networks for nationwide fiber-to-the-home network expansion. (Korea).
Metropolitan area networking pioneer Riverstone Networks Inc. announced that HANARO TELECOM, the second largest broadband service provider in Korea, has selected Riverstone's metro routers for its e-Valley project expansion, bringing fiber-to-the-home services to its 3 million subscribers. Hanaro's e-Valley project delivers 45...
Hanaro Telecom Selects Riverstone Networks Metro Solutions to Eliminate Bandwidth Bottleneck in Korea
Business Editors/High-Tech Writers
Former DoCoMo AOL chief for Riverstone Japan - Telecom Career
Minoru Nakamura, former CEO and president of Japanese ISP DoCoMo AOL, has joined Riverstone Networks as general manager to head the company's Japan operations.
Goldman Sachs Widens Loss Estimate On Riverstone Networks
Investment firm Goldman Sachs [GS] on Thursday increased its loss estimate on network equipment maker Riverstone Networks [RSTN] for this fiscal year and next, saying the company needs to further restructure its operations. The firm widened its anticipation for Riverstone's loss for fiscal 2002 to 75 cents a share from...
Riverstone Networks Taps Former CEO of DoCoMo AOL to Lead Japan Operations
Business Editors/High-Tech Writers SANTA CLARA, Calif.--BUSINESS WIRE--Aug. 6, 2002 Minoru Nakamura Brings Significant Networking Industry Expertise to Fast-Growth Market for Riverstone Riverstone Networks Inc. (Nasdaq:RSTN), a pioneer in metropolitan area networking, today announced the appointment of Minoru Nakamura as general manager of Riverstone's Japan operations. Nakamura...
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