Hammerhead Networks Explained

Type:Division
Foundation:Waltham, Massachusetts United States
Founder:Eddie Sullivan
Fate:Acquired by Cisco Systems
Location:Billerica, Massachusetts United States
Industry:Computer networking
Successor:Cisco Systems
Num Employees:85
Parent:Cisco Systems

Hammerhead Networks was a computer networking company based in Billerica, Massachusetts.

It produced software solutions for the delivery of Internet Protocol service features.

History

It was founded in April 2000 by Eddie Sullivan, who also served as its CEO.

It was acquired by Cisco Systems on May 1, 2002, in a stock transaction worth up to US$173M.[1] [2] Cisco had previously owned a minority interest. It had 85 employees at the time of the acquisition.[3]

Notes and References

  1. Web site: Service. George A. Chidi Jr, IDG News. 2002-05-01. Cisco buying Hammerhead, Navarro in deals valued at $258M. 2020-06-26. Computerworld. en.
  2. News: ROUNDUP. A. Wall Street Journal Online NEWS. 2002-05-01. Cisco to Buy Hammerhead, Navarro in $258 Million Deal. en-US. Wall Street Journal. 2020-06-26. 0099-9660.
  3. Web site: News @ Cisco: Cisco Systems to Acquire Hammerhead Networks and Navarro Networks . 2008-04-15 . dead . https://web.archive.org/web/20020602052240/http://newsroom.cisco.com/dlls/corp_050102.html . 2002-06-02 .