CLASS Data Systems

Intranet and Internet Solutions to Enhance Performance of real-time and Multimedia Applications.

Business Software
Acquired (Inactive) by Cisco Systems on May 1998 - closed due to acquisition

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 for the network management software provider.

Business overview

CLASS Data Systems specialized in network management software, providing a Quality of Service (QoS) Policy Management system designed for IP networks. The company's solutions aimed to enhance the performance of real-time and multimedia applications across intranets and the internet. Operating within the Business Software sector, it served enterprises by focusing on IT & Network Management and Communications technologies, including IoT.

Strategic signal

In May 1998, CLASS Data Systems was acquired by Cisco Systems for $50 million. This acquisition was notable as Cisco's first in Israel, signaling the company's early strategic interest in the region's technology landscape and its commitment to integrating advanced network management capabilities into its offerings.

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, who also served as CEO.
What was the primary focus of CLASS Data Systems' technology?
CLASS Data Systems developed a Quality of Service (QoS) Policy Management system for IP networks, aimed at enhancing the performance of real-time and multimedia applications.
When was CLASS Data Systems acquired and by whom?
CLASS Data Systems was acquired by Cisco Systems in May 1998.
What was the reported acquisition amount for CLASS Data Systems?
CLASS Data Systems was acquired by Cisco Systems for $50 million in May 1998, marking Cisco's first acquisition in Israel.

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