Paradyne

{{short description|US telecommunications company}} {{Infobox company | name = Paradyne Networks, Inc. | former_name = {{Plain list| * Paradyne Corporation (1969-1989) * AT&T Paradyne (1989-1996) * Paradyne Networks, Inc. (1996-2005) }} | logo = File:Paradyne wordmark.svg | type = | traded_as = | founded = {{start date and age|1969}} | location = Largo, Florida | key_people = | num_employees = | parent = | industry = Telecommunications | website = {{web archive|url=https://web.archive.org/web/20040623091445/http://www.paradyne.com/|title=paradyne.com}} | footnotes = | defunct = 2005 | fate = Acquired by Zhone Technologies }} {{plain image with caption|File:AT&T Paradyne logo.svg|Logo of AT&T Paradyne}} '''Paradyne Networks, Inc.''' was a manufacturer of telecommunications hardware, based in Largo, Florida. The company formed in 1969 as '''Paradyne Corporation''' to supply computer communications systems and expanded steadily through the 1970s and 80s. During these period it operated in the high-end modem market and competed with Motorola Codex, Racal-Milgo, and divisions of AT&T and IBM.

As one of its first major purchases after the 1982 Breakup of the Bell System, AT&T purchased the company for $250 million in 1989 and renamed it to '''AT&T Paradyne'''. The company grew to become a major supplier in the digital subscriber line (DSL) industry as that expanded. When AT&T spun off Lucent in 1996, Paradyne moved to the new company. Lucent quickly sold Paradyne to Texas Pacific Group (TPG Capital) for $175 million where it became Paradyne Networks, Inc..<ref>[https://query.nytimes.com/gst/fullpage.html?res=9406E2DF1539F933A15755C0A960958260 "Lucent Technologies agrees to sell AT&T Paradyne unit"]; ''The New York Times'', June 20, 1996.</ref> {{pic|File:Logo of Net to Net.svg|Net to Net Technologies was acquired by Paradyne in 2004|250px}} In 2004, Paradyne acquired Net to Net Technologies.<ref>{{Cite web |last=EETimes |date=2004-07-27 |title=Paradyne expands access line-up by buying Net to Net assets |url=https://www.eetimes.com/paradyne-expands-access-line-up-by-buying-net-to-net-assets/ |access-date=2025-07-10 |website=EE Times}}</ref>

The company was acquired by Zhone Technologies in 2005 for US$183.6 million.

==References== {{Reflist}} * {{cite web |url=http://www.paradyne.com/corporate_info/index.html |title=Paradyne At A Glance |archive-url=https://web.archive.org/web/19970206215313/http://www.paradyne.com/corporate_info/index.html |archive-date=6 February 1997 }} * {{cite news |title=Lucent Technologies Agrees To Sell AT&T Paradyne Unit |url=https://www.nytimes.com/1996/06/20/business/company-news-lucent-technologies-agrees-to-sell-at-t-paradyne-unit.html |newspaper=The New York Times |date=20 June 1996 }} * {{cite news |newspaper=The Christian Science Monitor |title=Paradyne Corporation, a maker of 'modems,' rebounds and astounds |first=George |last=Bonner Jr. |date=23 March 1983 |url=https://www.csmonitor.com/1983/0323/032342.html }} * {{cite news |newspaper=Tampa Bay Times |url=https://www.tampabay.com/archive/1995/10/19/for-sale-sign-out-at-at-t-paradyne/ |title="For sale' sign out at AT&T Paradyne |first=Robert |last=Trigaux |date=4 October 2005 }}

== Further reading == * {{Cite journal |last=Davis |first=J. Steve |date=1988 |title=Ethical Problems in Competitive Bidding: The Paradyne Case |url=https://www.jstor.org/stable/27799974 |journal=Business and Professional Ethics Journal|volume=7 |issue=2 |pages=3–25 |issn=0277-2027}}

== External links == * {{web archive|url=https://web.archive.org/web/20040623091445/http://www.paradyne.com/|title=Official website}} * {{web archive|url=https://web.archive.org/web/19961228125541/http://www.paradyne.att.com/|title=Official website (AT&T Paradyne)}}

Category:Telecommunications equipment vendors Category:Networking companies of the United States Category:American companies established in 1969 Category:Former AT&T subsidiaries Category:Defunct computer companies of the United States Category:Defunct computer hardware companies