Gigamon

Gigamon is a privately held network visibility and traffic monitoring technology vendor.[3] Formerly traded publicly,[4] it is now owned by Elliott Management.[5] Headquartered in Santa Clara, California, Gigamon had 371 employees as of December 27, 2014,[4] and 743 employees as of April 2017.[2]

Gigamon
TypePrivate
NYSE: GIMO
IndustryComputer networking, Computer security
Founded2004 (2004)
Headquarters
Santa Clara, California
,
U.S.
Area served
Worldwide
Key people
  • Shane Buckley (CEO)
  • Dave Arkley (CFO)
  • Shehzad Merchant (CTO)
  • Shane Buckley (President)
  • Corey Mulloy (Chairman)
Products
  • GigaSMART
  • GigaSECURE
  • GigaVUE series
  • Gigamon Visibility Platform for AWS
RevenueIncrease US$310.9 million (2016)[1]
Increase US$49.4 million (2016)[1]
Number of employees
743 (As of April 2017)[2]
Websitegigamon.com

The company's proprietary products can manipulate and route traffic to various application performance, network management, analysis, compliance, and security tools.[6]

History

Gigamon was founded in 2004 as Gigamon Systems, LLC.[7][8]

The company went public on the New York Stock Exchange on June 11, 2013.[9] During the initial public offering on June 12, 2013, investors bought 6.75 million shares priced at $19 each, generating $128 million in sales.[10][11] Gigamon officials rang the closing bell of the New York Stock Exchange on February 24, 2016.[12][13]

In January 2018, the company was acquired by Elliott Management Corporation and The Qatar Investment Authority (QIA) for US$1.6 billion.[14]

Products

Gigamon develops physical and virtual network visibility technologies, including network TAP and aggregation products, traffic manipulation applications, and visibility fabric nodes.[15]

Lawsuits

On Friday, April 23, 2021, a federal jury of the US District Court and Eastern District of Texas delivered its verdict regarding Gigamon’s claims of APCON Inc.’s infringement on certain specified network technology patents. Gigamon’s infringement assertions were denied when the jury unanimously ruled that not only were allegations of APCON’s infringement invalid, but all claims related to five network data management patents at issue were invalid as well.

References
  1. "2016 Form 10-K". U.S. Securities and Exchange Commission. 28 April 2017. p. 18. Retrieved 14 June 2017.
  2. "Gigamon's (GIMO) CEO Paul Hooper on Q1 2017 Results - Earnings Call Transcript". Seeking Alpha. 27 April 2017. Retrieved 29 June 2017.
  3. "Network Visibility and Monitoring: What's Going on in There, Anyway?". 451 Research. 2014-07-01.
  4. "Gigamon 2014 Form 10-K". U.S. Securities and Exchange Commission. 2015-03-09.
  5. "Gigamon Announces Completion of Acquisition by Elliott Management and Qatar Investment Authority". www.gigamon.com. Retrieved 2018-01-04.
  6. "Gigamon…Fixing Problems You Didn't Know About". Standalone Sysadmin. 2011-10-02.
  7. "Calling YCombinators: Lessons from a "Serial First-Timer". Gigaom. 2008-04-04.
  8. Mark Haranas (28 January 2015). "Gigamon takes partner program to next level". CRN. Retrieved 19 June 2017.
  9. Schubarth, Cromwell (11 June 2013). "Gigamon IPO brings in $128.25M, prices at mid-range". Silicon Valley Business Journal. Retrieved 16 June 2017.
  10. Avalos, George (17 July 2013). "Gigamon will move to new Santa Clara HQ where it could employ 500 people". Mercury News. Retrieved 16 June 2017.
  11. "Gigamon makes stock exchange debut; sees shares soar". CRN. 12 June 2013.
  12. "Gigamon rings the NYSE closing bell". Livestream. 24 February 2016. Archived from the original on 24 October 2017. Retrieved 29 June 2017.
  13. "The past, present and future of network security: An interview with Paul Hooper, CEO of Gigamon". New York Stock Exchange. Archived from the original on 24 October 2017. Retrieved 29 June 2017.
  14. "Elliott makes first public buyout with Gigamon in $1.6 bln deal". Reuters. 2017-10-26. Retrieved 2020-06-24.
  15. "Gigamon rolls out active visibility, stays ahead of the commodity curve". Network World. 2014-10-29.
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