Foundry Networks, Inc. was a networking hardware vendor selling high-end Ethernet switches and routers. The company was acquired by Brocade Communications Systems on December 18, 2008. The company was founded in 1996 by Bobby R. Johnson, Jr. and was headquartered in Santa Clara, California, United States. 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. Foundry Networks had their initial public offering in 1999, during the Internet bubble, with the company reaching a valuation of $9 billion on its first day of trading on NASDAQ with the symbol FDRY. More information...
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