Monday, November 13, 2006

Cisco to Acquire Greenfield Networks for Metro Ethernet Silicon

Cisco agreed to acquire Greenfield Networks, a start-up offering Metro Ethernet silicon, for an undisclosed sum.

Greenfield offers a merchant silicon solution that combines low-cost Gigabit Ethernet connectivity and features such as full IPv6 routing, MPLS switching, scalable packet buffering, and scalable MAC, route and classification tables. Greenfield's "Packetry" family, which is aimed at metro edge deployments, supports service provider features including MPLS switching, stacked VLANs, Layer 2 VPN (martini and VPLS), Layer 3 VPN (RFC 2547bis) and IP tunneling.

Greenfield Networks was founded in 2000 and has 60 employees based in Sunnyvale, California, and Bangalore, India.

Upon close of the transaction, the Greenfield Networks team and product portfolio will be integrated into Cisco's Ethernet and Wireless Technology Group (EWTG).

  • In September 2004, Greenfield Networks raised $21.5 million in third round venture funding for its next gen Ethernet switching silicon. The latest funding round was led by new investor JPMorgan Partners and included existing venture partners Sequoia Capital, Global Catalyst Partners and Walden International. The $21.5 million investment brings total funding in Greenfield to $48 million.