Chromatis Networks

Metro Optical Networking Systems

Acquired (Inactive) by Alcatel-Lucent on Jun 2000 - closed due to acquisition

Company Overview

Snapshot

Founded in January 1998 by Orni Petrushka and Rafi Gidron, Chromatis Networks operated with 51–200 employees. The company was acquired by Alcatel-Lucent in June 2000.

Business overview

Chromatis Networks developed next-generation transport solutions, focusing on metro optical networking systems. The company's technology enabled carriers to address the bandwidth demands of evolving metropolitan areas, operating within the Mobile and Telecom Technologies sector.

Strategic signal

In June 2000, Chromatis Networks was acquired by Alcatel-Lucent, a significant exit that validated its metro optical networking technology and market potential. This acquisition highlighted the strategic importance of advanced transport solutions for telecommunications infrastructure at the time.

Company Intelligence Q&A

When was Chromatis Networks founded?
Chromatis Networks was founded in January 1998.
Who were the founders of Chromatis Networks?
Chromatis Networks was co-founded by Orni Petrushka and Rafi Gidron.
When and by whom was Chromatis Networks acquired?
Chromatis Networks was acquired by Alcatel-Lucent in June 2000.
What was the reported valuation of Chromatis Networks at the time of its acquisition?
In June 2000, news reports indicated that Chromatis Networks was acquired by Lucent at a valuation of $4.8 billion.