Accedian

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Accedian
TypePrivate
IndustrySoftware and hardware
GenreNetwork communication and application monitoring
FoundersPatrick Ostiguy and 4 partners
Headquarters
Montreal
,
Canada
OwnersBridge Growth Partners

Accedian is a Canadian company that develops network communication and application monitoring software and hardware.[1] Headquartered in Montreal, Canada, Accedian is majority owned by Bridge Growth Partners.

History[]

Accedian was founded by Patrick Ostiguy and 4 partners in 2004.[1] The company originally developed service assurance hardware and software for telecommunications service providers, including mobile network operators. The first product was a backhaul networks interface device, which links cell towers to central offices. Accedian has since made network function virtualization and virtualized customer-premises equipment (V-CPE) products.

In 2012, Patrick Ostiguy was still executive chairman of Accedian Networks Inc.[2]

In March 2017, Accedian announced a US$100M investment by Bridge Growth Partners in return for a major equity stake.[3]

In February 2018, Accedian announced that it had acquired Performance Vision of Paris, France for an undisclosed amount. Performance Vision developed network performance management and application performance management solutions.[4] In 2020, Dion Joannou was CEO of Accedian.[5]

Awards and recognition[]

In October 2011, Accedian was named on the Deloitte Fast 50 list of the fifty fastest growing technology companies in Canada.[6][7]

In 2014, Accedian was named the fastest growing technology company in Canada with first place in the Deloitte Fast 50 list. Accedian placed second in Deloitte's Technology Fast 500 list for North America.[8]

In February 2018, research firm Gartner named Accedian as a Magic Quadrant leader in the network performance monitoring and diagnostics (NPMD) category.[9]

References[]

  1. ^ a b Harvey, Ian (2014-11-05). "How this company helps telecoms keep customers happy". The Global and Mail. Retrieved 2018-09-07.
  2. ^ Orton, Tyler (5 June 2020), Canada's 5G future now in hands of European vendors, Canada: BIV, retrieved 21 February 2021
  3. ^ Jackson, Emily (2017-03-30). "Montreal network monitoring company Accedian lands US$100-million investment from U.S. firm". Financial Post. Retrieved 2018-09-07.
  4. ^ "Accedian acquires Performance Vision, enhances network, application management capabilities | FierceTelecom". www.fiercetelecom.com. Retrieved 2018-09-07.
  5. ^ Zukis, Bob (24 June 2020), "A CEO's View Of How The Network Saved Us During The Coronavirus", Forbes, United States, retrieved 21 February 2021
  6. ^ Chapnik Myers, Randi (2011-10-19). "Accedian Networks tops Deloitte Fast 50 list". The Globe and Mail. Retrieved 2018-09-07.
  7. ^ Dobby, Christine (2011-10-19). "Canada's 50 fastest growing tech companies". National Post. Retrieved 2018-09-07.
  8. ^ Magder, Jason (2011-10-19). "Montreal companies among Canada's fastest growing". Montreal Gazette. Retrieved 2018-09-07.
  9. ^ "Magic Quadrant for Network Performance Monitoring and Diagnostics". www.gartner.com. Retrieved 2018-09-07.
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