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communication switches that were sold to telecommunication service providers worldwide. Frame Relay service was the primary data service used by companies in the mid-1990s to create secure internal communication networks between separate sites, and
Cascade's equipment carried an estimated 70% of the
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profited handsomely from the acquisition, as did hundreds of
Cascade employees. In addition, Cascade was notable for invigorating the telecommunications startup culture in Massachusetts in the mid 1990s. Cascade alumni were founders or key contributors to many other financially successful Boston
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in 1999 in one of the largest mergers in communications equipment history (US $ 24 Billion). The
Cascade portion of Ascend's business was more interesting to Lucent than the modem termination business that comprised the rest of Ascend.
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area telecom companies in the late 1990s. Deshpande and Smith went on to found
Sycamore Networks and VP of Sales Mike Champa went on to found Omnia Communications and later was the CEO of Winphoria Networks.
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in 1990, and was led by CEO Dan Smith, VP of Sales Mike Champa and CFO Paul
Blondin.
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331:"Cisco Agrees to Acquire Stratacom In a Stock Swap Worth $ 4 Billion"
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acquired
Cascade Communications for US $ 3.7 Billion, to move into
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was a manufacturer of communications equipment based in
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399:Defunct computer companies of the United States
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394:Computer companies disestablished in 1997
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414:Defunct companies based in Massachusetts
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310:"Deshpande, Gururaj, E. on Forbes 400"
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329:Fisher, Lawrence M. (1996-04-23).
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99:December 2009
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269:Frame Relay
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363:Categories
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286:Dan Smith
259:In 1997,
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144:Industry
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