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

SonicWALL, Inc.
Nasdaq: SNWL
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 NEWS FROM THE WIRES
SonicWall Q2 results meet expectations
Jul 19 2001 02:08 PM PDT

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 PROFILE
SonicWALL puts up more than sound barriers. The company makes the SonicWALL family of broadband network security devices, which protect communications between headquarters and branch offices, secure broadband Internet access, and filter Web content (blocking a minor's access to adult Web sites, for example). SonicWALL sell primarily through distributors, including Ingram Micro (34% of sales) and Tech Data (20%). About a third of sales come from outside the US. Co-founders and brothers Sreekanth Ravi (chairman and CEO) and Sudhakar Ravi (chief technology officer) together own more than a quarter of the company.

 COMPETITION
Check Point Software Technologies Ltd. (CHKP)
Cisco Systems, Inc. (CSCO)
Rainbow Technologies, Inc. (RNBO)

 DEALS
Deal: SonicWall Acquires Ignyte Technology
Date Announced: 03.08.01
Value of transaction (US $Mil): 8.6
Description: Web security software firm buys Silicon Valley-based Web security consulting services company in cash-and-stock transaction.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 69.40
1-Yr. Sales Growth: 230.5%
Employees: 268
Revenue per employee: $258,955.22

 KEY PEOPLE
• Sreekanth Ravi
    CEO
• Michael J. Sheridan
    CFO

 CONTACT INFO
1160 Bordeaux Dr.
Sunnyvale, CA 94089
US
Phone: 408-745-9600
Fax: 408-745-9300
Online: Web Site

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