Foundry Networks

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Foundry Networks
Type	Public (NASDAQ: FDRY)
Founded	1996
Headquarters	Santa Clara, CA, USA
Key people	Bobby Johnson President/CEO
Industry	Telecommunications hardware
Products	Switches, Routers
Revenue	Image:Green Arrow Up.svg $473.28 million USD (2006)
Operating income	Image:Green Arrow Up.svg $28.52 million USD (2006)
Net income	Image:Green Arrow Up.svg $38.70 million USD (2006)
Employees	816 (2006)
Website	www.foundrynet.com

Foundry Networks is a network system vendor selling high-end managed ethernet switches and routers. The company was founded in 1996 by Bobby R. Johnson, Jr. and is based in Santa Clara, California, USA. In its first year the company operated under the names Perennium Networks and StarRidge Networks but by January 1997 the name Foundry Networks was adopted.

Image:FoundryFastIronIIPlus.png

Foundry FastIron II Plus chassis with two fiber management cards and six 16-port gigabit ethernet cards.

Foundry Networks produces high-end enterprise and service provider switches and routers, as well as security and traffic management solutions. They are best known for their layer 2 & 3 ethernet switches. Foundry Networks was the first company to build and ship a Gigabit Ethernet Switch in 1997; to build a Layer 3 Switch, also in 1997; to build the first layer-4/7 switch in 1998 and to include 10Gb single connectors in its boxes (since 2001).

According to a Dell’Oro report published in Q106, Foundry Networks currently ranks number 4 in a total market share of over $3,659 Million, and their ServerIron application switch ranks number 1 in the world for total port shipments.^{[citation needed]} The latest range of Foundry product lines consists of the BigIron RX, NetIron MLX and NetIron XMR.