Cerent Corporation
Encyclopedia
Cerent Corporation was an optical equipment maker based in Petaluma, California
. It was founded in 1997 as Fiberlane Communications with three divisions: Systems in Petaluma, Chip Design in Redwood City, California
and Network Management Systems in Burnaby, British Columbia
. In early 1998 the company split into two companies with the Petaluma branch becoming Cerent and the Burnaby and Redwood City branches becoming Siara Networks.
Cerent's first product was the Cerent 454. In August 1999, the company was sold to Cisco Systems
for $7.2 billion and became the foundation of Cisco's Optical Transport Business Unit. The Cerent 454 was rebranded the Cisco 15454 and became the fastest product (at that time) to hit the $1B annual sales rate by selling $250 million in its second quarter as a Cisco business unit.
In November 1999, Redback bought Siara Systems for $4.3 billion.
Petaluma, California
Petaluma is a city in Sonoma County, California, in the United States. In the 2010 Census the population was 57,941.Located in Petaluma is the Rancho Petaluma Adobe, a National Historic Landmark. It was built beginning in 1836 by General Mariano Guadalupe Vallejo, then Commandant of the San...
. It was founded in 1997 as Fiberlane Communications with three divisions: Systems in Petaluma, Chip Design in Redwood City, California
Redwood City, California
Redwood City is a California charter city located on the San Francisco Peninsula in Northern California, approximately 27 miles south of San Francisco, and 24 miles north of San Jose. Redwood City's history spans from its earliest inhabitation by the Ohlone people, to its tradition as a port for...
and Network Management Systems in Burnaby, British Columbia
Burnaby, British Columbia
Burnaby is a city in British Columbia, Canada, located immediately to the east of Vancouver. It is the third-largest city in British Columbia by population, surpassed only by nearby Surrey and Vancouver....
. In early 1998 the company split into two companies with the Petaluma branch becoming Cerent and the Burnaby and Redwood City branches becoming Siara Networks.
Cerent's first product was the Cerent 454. In August 1999, the company was sold to Cisco Systems
Cisco Systems
Cisco Systems, Inc. is an American multinational corporation headquartered in San Jose, California, United States, that designs and sells consumer electronics, networking, voice, and communications technology and services. Cisco has more than 70,000 employees and annual revenue of US$...
for $7.2 billion and became the foundation of Cisco's Optical Transport Business Unit. The Cerent 454 was rebranded the Cisco 15454 and became the fastest product (at that time) to hit the $1B annual sales rate by selling $250 million in its second quarter as a Cisco business unit.
In November 1999, Redback bought Siara Systems for $4.3 billion.