CLASS Data Systems
Intranet and Internet Solutions to Enhance Performance of real-time and Multimedia Applications.
Company Overview
Snapshot
Founded in January 1996 by Arad Naveh, CLASS Data Systems operated with 1–10 employees. The company was acquired by Cisco Systems in May 1998, marking a significant exit in the network management software sector.
Business overview
CLASS Data Systems developed network management software, specializing in Quality of Service (QoS) Policy Management systems for IP networks. The company's core technology focused on enhancing the performance of real-time and multimedia applications over intranets and the internet. It served the enterprise market, operating within the Business Software sector, specifically in IT & Network Management.
Strategic signal
This acquisition was notable as it represented Cisco's first acquisition in Israel, signaling the company's early strategic interest in the region's technology landscape and its commitment to expanding its network management capabilities through external innovation.
Log in to access full profile ›Company Intelligence Q&A
- When was CLASS Data Systems founded?
- CLASS Data Systems was founded in January 1996.
- Who founded CLASS Data Systems?
- CLASS Data Systems was founded by Arad Naveh.
- What was a significant corporate event for CLASS Data Systems?
- In May 1998, CLASS Data Systems was acquired by Cisco Systems for $50M. This marked Cisco's first acquisition in Israel.
- What type of solutions did CLASS Data Systems provide?
- CLASS Data Systems provided network management software, specifically a Quality of Service (QoS) Policy Management system for IP networks, to enhance the performance of real-time and multimedia applications.
- What sector did CLASS Data Systems operate in?
- CLASS Data Systems operated in the Business Software sector, focusing on IT & Network Management solutions.