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Home > Company Index > Computer Hardware > Networking & Communication Devices > Madge Networks N.V.
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Madge Networks N.V. |
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PROFILE |
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Madge Networks hopes to run (token) rings around the competition. The company sells token ring LAN products including hubs, switches, and adapter cards through its Madge.connect subsidiary. An unsuccessful attempt to move beyond the token ring market has resulted in the company's decision to sell off or discontinue operations of its Madge.web unit, which offers voice and data networking, virtual private network, and Web hosting services. Madge holds a minority stake in a Bluetooth networking company, Red-M, which started as a Madge subsidiary. Madge Networks generates 40% of its sales outside of Europe. Founder and CEO Robert Madge owns more than half of the company through several trusts.
COMPETITION |
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Cisco Systems, Inc. (CSCO)
International Business Machines Corporation (IBM)
Nortel Networks Corporation (NT)
DEALS |
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Deal: Volendam Takes Stake in Madge
Date Announced: 07.26.00
Value of transaction (US $Mil): 60
Description: Investment company takes stake in networking-services provider.
> Search all deals for this company
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 156.50
1-Yr. Sales Growth: (20.2)%
Employees: 600
Revenue per employee: $260,833.33
KEY PEOPLE |
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Martin Malina
CEO
Christopher Bradley
CFO
CONTACT INFO |
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Wexham Springs, Framewood Rd., Wexham
Slough SL3 6PJ, United Kingdom
Phone: 44-1753-661-000
Fax: 44-1753-661-011
Online: Web Site
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