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The name was changed to Ascend Communications the next year [2] as the company transitioned to focus on equipment for Internet providers. [7] By 1994, profits reached $8.7 million on sales of $39.3 million. [2] Ascend had its initial public offering in May 1994 raising further funds for growth. [2]
DZS was founded as Zhone Technologies in September 1999 by former executives of Ascend Communications Jeanette Symons, Mory Ejabat and Robert Dahl. In July 2005, Zhone acquired Paradyne Networks, Inc. for US$183.6 million. [2] In 2016 Zhone Technologies merged with DASAN Network Solutions to form DASAN Zhone Solutions Inc. (DZSI) [3]
Ascend Communications, Inc. was an Alameda, California-based manufacturer of communications equipment that was later purchased by Lucent Technologies in 1999. Ascend Communications was founded in 1988 and taken public in 1994. Initial investors included Kleiner, Perkins, Caulfield and Byers (KPCB); Greylock Partners; and New Enterprise ...
Gururaj Deshpande ("Desh" Deshpande) is an Indian American venture capitalist and entrepreneur, who is best known for co-founding the Chelmsford, MA-based internet equipment manufacturer Sycamore Networks, [1] the Deshpande Center for Technological Innovation at MIT and the Deshpande Foundation.
Ascent Solar entered the manufacturing stage for its products in 2013, in part by teaming up with a range of other companies like TFG Radiant (for integrating these materials into a range of building and construction materials), Foxconn (for a "pilot project" at the Zhengzhou factory, which was then manufacturing the iPhone 5), [6] and Bye Aerospace (for solar-powered unmanned aircraft).
Ascend Group is a privately owned e-commerce company headquartered in Bangkok, Thailand as a spin-off of True Corporation. [3] It marked its $150-million expansion by launching their affiliates in the Philippines and Indonesia, Vietnam, and also hard to reach economies like Myanmar and Cambodia.
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