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Home > Company Index > Computer Hardware > Networking & Communication Devices > Efficient Networks, Inc.

Efficient Networks, Inc.
 NEWS FROM THE STANDARD
Siemens Cuts 2,000 More Jobs
May 10 2001 08:11 AM PDT

Market Movers: 'Looks Like Death'
Feb 22 2001 02:19 PM PST

Siemens to Buy Efficient Networks
Feb 22 2001 06:18 AM PST

Early Market Movers: The Wasting Away of the PC Sector
Jan 03 2001 09:37 AM PST

After the Bell: Efficient Networks Swoons on Earnings Shortfall
Jan 02 2001 04:44 PM PST

 PROFILE
Efficient Networks wants to live up to its name. Its digital subscriber line (DSL) equipment provides high-speed Internet connections through copper phone lines for consumers, branch offices of large companies, and small and midsized businesses. Products include modems for single users and high-speed routers for multiple users. DSL equipment accounts for most of sales, but Efficient also sells routers through its FlowPoint subsidiary, which it bought from Cabletron. Newly acquired Network Telesystems develops broadband client services software. Customers include Ameritech, BellSouth, and Covad Communications. Efficient Networks is a subsidiary of electronics and industrial giant Siemens AG.

 COMPETITION
Alcatel (ALA)
Cisco Systems, Inc. (CSCO)
Netopia, Inc. (NTPA)

 DEALS
Deal: Siemens Acquires Efficient Networks for $1.5 Billion
Date Announced: 02.22.01
Value of transaction (US $Mil): 1500
Description: Information systems supplier acquires DSL and broadband equipment provider in a cash tender offer of $23.50 per share; total worth about $1.5 billion.

Search all deals for this company

 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 202.20
1-Yr. Sales Growth: 1,266.2%
Employees: 430
Revenue per employee: $470,232.56

 KEY PEOPLE
• Bruce W. Brown
    CEO
• Jill S. Manning
    CFO

 CONTACT INFO
4849 Alpha Rd.
Dallas, TX 75244
US
Phone: 972-852-1000
Fax: 972-852-1001
Online: Web Site

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