Gadzoox

In this article, we will explore the topic of Gadzoox from different perspectives and approaches. Gadzoox has been a topic of interest for decades, and its relevance remains high today. During this tour, we will examine its origins, its impact on society and its evolution over time. Likewise, we will analyze the various opinions and positions that exist around Gadzoox, as well as the challenges and opportunities it presents. This article aims to provide a comprehensive and enriching view on Gadzoox, in order to provide the reader with a deeper and more complete understanding of this fascinating and influential topic.

This article is about the storage area network company. For other uses, see Gadzooks (disambiguation).
Gadzoox Networks, Inc.
Founded1996 (1996)
Defunct2003 (2003)
FateBankruptcy; acquired by Broadcom
HeadquartersSan Jose, California

Gadzoox Networks, Inc. produced hardware and software for the entry-level storage area network market. In 2000, at the peak of the dot-com bubble, the company was valued at $2 billion; however, after filing bankruptcy in 2002, its assets were acquired by Broadcom in 2003 for $5.8 million.

History

The company was founded in 1996.

In March 2000, the company acquired SmartSAN for $23.5 million.

In June 2000, the company launched Axxess.

In July 2000, during the dot-com bubble, the company became a public company via an initial public offering. Shares were priced at $21 each but soared as high as $87 each on the first day of trading, giving the company a market capitalization of $1.97 billion.

In August 2000, Bill Sickler, the CEO of the company, and Christine E. Munson, the CFO of the company, resigned after announcing a financial restatement.

In January 2002, the company raised $8.9 million in funding.

In August 2002, the company filed bankruptcy.

In March 2003, Broadcom acquired the assets of the company for $5.3 million.

References

  1. ^ Roberts, Paul F. (March 3, 2003). "Broadcom buys Gadzoox assets for $5.8 million". International Data Group.
  2. ^ SHANKLAND, STEPHEN. "Short Take: Gadzoox beefs up storage power". CNET.
  3. ^ Connor, Deni (June 12, 2000). "Gadzoox launches storage pooling devices". International Data Group.
  4. ^ "GADZOOX SOARS IN IPO". Wired. July 20, 1999.
  5. ^ "Form DEF 14A Gadzoox Networks Inc DEF 14A - Other definitive proxy statements". U.S. Securities and Exchange Commission. September 5, 2000.
  6. ^ SHANKLAND, STEPHEN (January 24, 2002). "Gadzoox raises $8.9 million". CNET.
  7. ^ "GADZOOX NETWORKS FILES FOR BANKRUPTCY PROTECTION". The New York Times. Dow Jones & Company. August 24, 2002.
  8. ^ "Broadcom acquires Gadzoox assets". American City Business Journals. March 3, 2003.
Wikious
Boobota
Sagapedia