Sony Corporation is a Japanese multinational conglomerate corporation headquartered in Kōnan, Tokyo. Its diversified business includes consumer and professional electronics, gaming and financial services; the company owns the largest music entertainment business in the world, the largest video game console business and one of the largest video game publishing businesses, is one of the leading manufacturers of electronic products for the consumer and professional markets, a leading player in the film and television entertainment industry. Sony was ranked 97th on the 2018 Fortune Global 500 list. Sony Corporation is the electronics business unit and the parent company of the Sony Group, engaged in business through its four operating components: electronics, motion pictures and financial services; these make Sony one of the most comprehensive entertainment companies in the world. The group consists of Sony Corporation, Sony Pictures, Sony Mobile, Sony Interactive Entertainment, Sony Music, Sony/ATV Music Publishing, Sony Financial Holdings, others.
Sony is among the semiconductor sales leaders and since 2015, the fifth-largest television manufacturer in the world after Samsung Electronics, LG Electronics, TCL and Hisense. The company's current slogan is Be Moved, their former slogans were The One and Only, It's like.no.other and make.believe. Sony has a weak tie to the Sumitomo Mitsui Financial Group corporate group, the successor to the Mitsui group. Sony began in the wake of World War II. In 1946, Masaru Ibuka started an electronics shop in a department store building in Tokyo; the company started with a total of eight employees. In May 1946, Ibuka was joined by Akio Morita to establish a company called Tokyo Tsushin Kogyo; the company built Japan's first tape recorder, called the Type-G. In 1958, the company changed its name to "Sony"; when Tokyo Tsushin Kogyo was looking for a romanized name to use to market themselves, they considered using their initials, TTK. The primary reason they did not is that the railway company Tokyo Kyuko was known as TTK.
The company used the acronym "Totsuko" in Japan, but during his visit to the United States, Morita discovered that Americans had trouble pronouncing that name. Another early name, tried out for a while was "Tokyo Teletech" until Akio Morita discovered that there was an American company using Teletech as a brand name; the name "Sony" was chosen for the brand as a mix of two words: one was the Latin word "sonus", the root of sonic and sound, the other was "sonny", a common slang term used in 1950s America to call a young boy. In 1950s Japan, "sonny boys" was a loan word in Japanese, which connoted smart and presentable young men, which Sony founders Akio Morita and Masaru Ibuka considered themselves to be; the first Sony-branded product, the TR-55 transistor radio, appeared in 1955 but the company name did not change to Sony until January 1958. At the time of the change, it was unusual for a Japanese company to use Roman letters to spell its name instead of writing it in kanji; the move was not without opposition: TTK's principal bank at the time, had strong feelings about the name.
They pushed for a name such as Sony Teletech. Akio Morita was firm, however. Both Ibuka and Mitsui Bank's chairman gave their approval. According to Schiffer, Sony's TR-63 radio "cracked open the U. S. market and launched the new industry of consumer microelectronics." By the mid-1950s, American teens had begun buying portable transistor radios in huge numbers, helping to propel the fledgling industry from an estimated 100,000 units in 1955 to 5 million units by the end of 1968. Sony co-founder Akio Morita founded Sony Corporation of America in 1960. In the process, he was struck by the mobility of employees between American companies, unheard of in Japan at that time; when he returned to Japan, he encouraged experienced, middle-aged employees of other companies to reevaluate their careers and consider joining Sony. The company filled many positions in this manner, inspired other Japanese companies to do the same. Moreover, Sony played a major role in the development of Japan as a powerful exporter during the 1960s, 1970s and 1980s.
It helped to improve American perceptions of "made in Japan" products. Known for its production quality, Sony was able to charge above-market prices for its consumer electronics and resisted lowering prices. In 1971, Masaru Ibuka handed the position of president over to his co-founder Akio Morita. Sony began a life insurance company in one of its many peripheral businesses. Amid a global recession in the early 1980s, electronics sales dropped and the company was forced to cut prices. Sony's profits fell sharply. "It's over for Sony," one analyst concluded. "The company's best days are behind it." Around that time, Norio Ohga took up the role of president. He encouraged the development of the Compact Disc in the 1970s and 1980s, of the PlayStation in the early 1990s. Ohga went on to purchase CBS Records in 1988 and Columbia Pictures in 1989 expanding Sony's media presence. Ohga would succeed Morita as chief executive officer in 1989. Under the vision of co-founder Akio Morita and his successors, the company had aggressively expanded in
United States Patent and Trademark Office
The United States Patent and Trademark Office is an agency in the U. S. Department of Commerce that issues patents to inventors and businesses for their inventions, trademark registration for product and intellectual property identification; the USPTO is "unique among federal agencies because it operates on fees collected by its users, not on taxpayer dollars". Its "operating structure is like a business in that it receives requests for services—applications for patents and trademark registrations—and charges fees projected to cover the cost of performing the services provide"; the USPTO is based in Alexandria, after a 2005 move from the Crystal City area of neighboring Arlington, Virginia. The offices under Patents and the Chief Information Officer that remained just outside the southern end of Crystal City completed moving to Randolph Square, a brand-new building in Shirlington Village, on April 27, 2009; the current Under Secretary of Commerce for Intellectual Property and Director of the USPTO is Andrei Iancu.
He began his role as Director on February 8, 2018. Iancu was nominated by President Trump in August 2017, unanimously confirmed by the U. S. Senate. Prior to joining the USPTO, he was the Managing Partner at Irell & Manella LLP, where his practice focused on intellectual property litigation; the USPTO cooperates with the European Patent Office and the Japan Patent Office as one of the Trilateral Patent Offices. The USPTO is a Receiving Office, an International Searching Authority and an International Preliminary Examination Authority for international patent applications filed in accordance with the Patent Cooperation Treaty; the USPTO maintains a permanent, interdisciplinary historical record of all U. S. patent applications in order to fulfill objectives outlined in the United States Constitution. The legal basis for the United States patent system is Article 1, Section 8, wherein the powers of Congress are defined, it states, in part: The Congress shall have Power... To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries.
The PTO's mission is to promote "industrial and technological progress in the United States and strengthen the national economy" by: Administering the laws relating to patents and trademarks. The USPTO is headquartered at the Alexandria Campus, consisting of 11 buildings in a city-like development surrounded by ground floor retail and high rise residential buildings between the Metro stations of King Street station and Eisenhower Avenue station where the actual Alexandria Campus is located between Duke Street to Eisenhower Avenue, between John Carlyle Street to Elizabeth Lane in Alexandria, Virginia. An additional building in Arlington, was opened in 2009; the USPTO was expected by 2014 to open its first satellite offices in Detroit, Dallas and Silicon Valley to reduce backlog and reflect regional industrial strengths. The first satellite office opened in Detroit on July 13, 2012. In 2013, due to the budget sequestration, the satellite office for Silicon Valley, home to one of the nation's top patent-producing cities, was put on hold.
However and infrastructure updates continued after the sequestration, the Silicon Valley location opened in the San Jose City Hall in 2015. As of September 30, 2009, the end of the U. S. government's fiscal year, the PTO had 9,716 employees, nearly all of whom are based at its five-building headquarters complex in Alexandria. Of those, 6,242 were patent examiners and 388 were trademark examining attorneys. While the agency has noticeably grown in recent years, the rate of growth was far slower in fiscal 2009 than in the recent past. Patent examiners make up the bulk of the employees at USPTO, they hold degrees in various scientific disciplines, but do not hold law degrees. Unlike patent examiners, trademark examiners must be licensed attorneys. All examiners work under a strict, "count"-based production system. For every application, "counts" are earned by composing and mailing a first office action on the merits, upon disposal of an application; the Commissioner for Patents oversees three main bodies, headed by former Deputy Commissioner for Patent Operations Peggy Focarino, the Deputy Commissioner for Patent Examination Policy Andrew Hirshfeld as Acting Deputy, the Commissioner for Patent Resources and Planning, vacant.
The Patent Operations of the office is divided into nine different technology centers that deal with various arts. Prior to 2012, decisions of patent examiners may be appealed to the Board of Patent Appeals and Interferences, an administrative law body of the USPTO. Decisions of the BPAI could further be appealed to the United States Court of Appeals for the Federal Circuit, or a civil suit may be brought against the Commissioner of Patents in the United States District Court for the Eastern District of Virginia; the United States Supreme Court may decide on a patent case. Under the America Invents Act, the BPAI was converted to the Patent Trial and Appeal Board or "PTAB". Simila
Red Hat, Inc. is an American multinational software company providing open-source software products to the enterprise community. Founded in 1993, Red Hat has its corporate headquarters in Raleigh, North Carolina, with other offices worldwide. Red Hat has become associated to a large extent with its enterprise operating system Red Hat Enterprise Linux and with the acquisition of open-source enterprise middleware vendor JBoss. Red Hat offers Red Hat Virtualization, an enterprise virtualization product. Red Hat provides storage, operating system platforms, applications, management products, support and consulting services. Red Hat creates and contributes to many free software projects, it has acquired several proprietary software product codebases through corporate mergers and acquisitions and has released such software under open-source licenses. As of March 2016, Red Hat is the second largest corporate contributor to the Linux kernel version 4.14 after Intel. On October 28, 2018, IBM announced its intent to acquire Red Hat for $34 billion.
In 1993, Bob Young incorporated the ACC Corporation, a catalog business that sold Linux and Unix software accessories. In 1994, Marc Ewing created his own Linux distribution. Ewing released the software in October, it became known as the Halloween release. Young bought Ewing's business in 1995, the two merged to become Red Hat Software, with Young serving as chief executive officer. Red Hat went public on August 11, 1999, achieving the eighth-biggest first-day gain in the history of Wall Street. Matthew Szulik succeeded Bob Young as CEO in December of that year. Bob Young went on to found the online print on demand and self-publishing company, Lulu in 2002. On November 15, 1999, Red Hat acquired Cygnus Solutions. Cygnus provided commercial support for free software and housed maintainers of GNU software products such as the GNU Debugger and GNU Binutils. One of the founders of Cygnus, Michael Tiemann, became the chief technical officer of Red Hat and by 2008 the vice president of open-source affairs.
Red Hat acquired WireSpeed, C2Net and Hell's Kitchen Systems. In February 2000, InfoWorld awarded Red Hat its fourth consecutive "Operating System Product of the Year" award for Red Hat Linux 6.1. Red Hat acquired Planning Technologies, Inc in 2001 and AOL's iPlanet directory and certificate-server software in 2004. Red Hat moved its headquarters from Durham to North Carolina State University's Centennial Campus in Raleigh, North Carolina in February 2002. In the following month Red Hat introduced Red Hat Linux Advanced Server renamed Red Hat Enterprise Linux. Dell, IBM, HP and Oracle Corporation announced their support of the platform. In December 2005, CIO Insight magazine conducted its annual "Vendor Value Survey", in which Red Hat ranked #1 in value for the second year in a row. Red Hat stock became part of the NASDAQ-100 on December 19, 2005. Red Hat acquired open-source middleware provider JBoss on June 5, 2006, JBoss became a division of Red Hat. On September 18, 2006, Red Hat released the Red Hat Application Stack, which integrated the JBoss technology and, certified by other well-known software vendors.
On December 12, 2006, Red Hat stock moved from trading on NASDAQ to the New York Stock Exchange. In 2007 Red Hat made an agreement with Exadel to distribute its software. On March 15, 2007, Red Hat released Red Hat Enterprise Linux 5, in June acquired Mobicents. On March 13, 2008, Red Hat acquired Amentra, a provider of systems integration services for service-oriented architecture, business process management, systems development and enterprise data services. On July 27, 2009, Red Hat replaced CIT Group in Standard and Poor's 500 stock index, a diversified index of 500 leading companies of the U. S. economy. This was reported as a major milestone for Linux. On December 15, 2009, it was reported that Red Hat will pay US$8.8 million to settle a class action lawsuit related to the restatement of financial results from July 2004. The suit had been pending in U. S. District Court for the Eastern District of North Carolina. Red Hat reached the proposed settlement agreement and recorded a one-time charge of US$8.8 million for the quarter that ended Nov. 30.
On January 10, 2011, Red Hat announced that it would expand its headquarters in two phases, adding 540 employees to the Raleigh operation, investing over US$109 million. The state of North Carolina is offering up to US$15 million in incentives; the second phase involves "expansion into new technologies such as software visualization and technology cloud offerings". On August 25, 2011, Red Hat announced it would move about 600 employees from the N. C. State Centennial Campus to Two Progress Plaza downtown. A ribbon cutting ceremony was held June 2013, in the re-branded Red Hat Headquarters. In 2012, Red Hat became the first one-billion dollar open-source company, reaching US$1.13 billion in annual revenue during its fiscal year. Red Hat passed the $2 billion benchmark in 2015; as of February 2018 the company's annual revenue was nearly $3 billion. On October 16, 2015, Red Hat announced its acquisition of IT automation startup Ansible, rumored for an estimated $100 million USD. In May 2018, Red Hat acquired CoreOS.
On October 28, 2018, IBM announced its intent to acquire Red Hat for US$34 billion, in one of its largest-ever acquisitions. The company will operate out of IBM's Hybrid Cloud division. Red Hat's lead advisor was Guggenheim Securities LLC. Red Hat sponsors the Fedora Project, a community-supported free software project that aims to promote the rapid progress of free and open-source software and conten
Mozilla is a free software community founded in 1998 by members of Netscape. The Mozilla community uses, develops and supports Mozilla products, thereby promoting free software and open standards, with only minor exceptions; the community is supported institutionally by the not-for-profit Mozilla Foundation and its tax-paying subsidiary, the Mozilla Corporation. Mozilla's products include the Firefox web browser, Thunderbird e-mail client, Firefox OS mobile operating system, Bugzilla bug tracking system, Gecko layout engine, Pocket "read-it-later-online" service, others. According to web browsers usage statistics, Mozilla's Firefox trails behind Google Chrome. On January 23, 1998, Netscape made two announcements: first, that Netscape Communicator would be free. One day Jamie Zawinski, from Netscape, registered mozilla.org. The project took its name, "Mozilla", after the original code-name of the Netscape Navigator browser — a portmanteau of "Mosaic and Godzilla", used to co-ordinate the development of the Mozilla Application Suite, the open-source version of Netscape's internet software, Netscape Communicator.
Jamie Zawinski says. A small group of Netscape employees were tasked with coordination of the new community. Mozilla aimed to be a technology provider for companies, such as Netscape, who would commercialize their open-source code; when AOL reduced its involvement with Mozilla in July 2003, the Mozilla Foundation was designated the legal steward of the project. Soon after, Mozilla deprecated the Mozilla Suite in favor of creating independent applications for each function the Firefox web browser and the Thunderbird email client, moved to supply them directly to the public. Mozilla's activities have since expanded to include Firefox on mobile platforms, a mobile OS called Firefox OS, a web-based identity system called Mozilla Persona and a marketplace for HTML5 applications. In a report released in November 2012, Mozilla reported that their total revenue for 2011 was $163 million, up 33% from $123 million in 2010. Mozilla noted that 85% of their revenue comes from their contract with Google. At the end of 2013, Mozilla announced a deal with Cisco Systems whereby Firefox would download and use a Cisco-provided binary build of an open source codec to play the proprietary H.264 video format.
Eich's donation first became public knowledge in 2012, while he was Mozilla’s chief technical officer, leading to angry responses on Twitter—including the use of the hashtag "#wontworkwithbigots". Protests emerged in 2014 following the announcement of Eich's appointment as CEO of Mozilla. U. S. companies OkCupid and CREDO Mobile received media coverage for their objections, with the former asking its users to boycott the browser, while Credo amassed 50,000 signatures for a petition that called for Eich's resignation. Due to the controversy, Eich voluntarily stepped down on April 3, 2014 and Mitchell Baker, executive chairwoman of Mozilla Corporation, posted a statement on the Mozilla blog: "We didn't move fast enough to engage with people once the controversy started. Mozilla believes both in freedom of speech. Equality is necessary for meaningful speech, and you need free speech to fight for equality." Eich's resignation promoted a backlash. OkCupid co-founder and CEO Sam Yagan had donated $500 to Republican candidate Chris Cannon who proceeded to vote for multiple measures viewed as "anti-gay", including the banning of same-sex marriage.
The United States of America known as the United States or America, is a country composed of 50 states, a federal district, five major self-governing territories, various possessions. At 3.8 million square miles, the United States is the world's third or fourth largest country by total area and is smaller than the entire continent of Europe's 3.9 million square miles. With a population of over 327 million people, the U. S. is the third most populous country. The capital is Washington, D. C. and the largest city by population is New York City. Forty-eight states and the capital's federal district are contiguous in North America between Canada and Mexico; the State of Alaska is in the northwest corner of North America, bordered by Canada to the east and across the Bering Strait from Russia to the west. The State of Hawaii is an archipelago in the mid-Pacific Ocean; the U. S. territories are scattered about the Pacific Ocean and the Caribbean Sea, stretching across nine official time zones. The diverse geography and wildlife of the United States make it one of the world's 17 megadiverse countries.
Paleo-Indians migrated from Siberia to the North American mainland at least 12,000 years ago. European colonization began in the 16th century; the United States emerged from the thirteen British colonies established along the East Coast. Numerous disputes between Great Britain and the colonies following the French and Indian War led to the American Revolution, which began in 1775, the subsequent Declaration of Independence in 1776; the war ended in 1783 with the United States becoming the first country to gain independence from a European power. The current constitution was adopted in 1788, with the first ten amendments, collectively named the Bill of Rights, being ratified in 1791 to guarantee many fundamental civil liberties; the United States embarked on a vigorous expansion across North America throughout the 19th century, acquiring new territories, displacing Native American tribes, admitting new states until it spanned the continent by 1848. During the second half of the 19th century, the Civil War led to the abolition of slavery.
By the end of the century, the United States had extended into the Pacific Ocean, its economy, driven in large part by the Industrial Revolution, began to soar. The Spanish–American War and World War I confirmed the country's status as a global military power; the United States emerged from World War II as a global superpower, the first country to develop nuclear weapons, the only country to use them in warfare, a permanent member of the United Nations Security Council. Sweeping civil rights legislation, notably the Civil Rights Act of 1964, the Voting Rights Act of 1965 and the Fair Housing Act of 1968, outlawed discrimination based on race or color. During the Cold War, the United States and the Soviet Union competed in the Space Race, culminating with the 1969 U. S. Moon landing; the end of the Cold War and the collapse of the Soviet Union in 1991 left the United States as the world's sole superpower. The United States is the world's oldest surviving federation, it is a representative democracy.
The United States is a founding member of the United Nations, World Bank, International Monetary Fund, Organization of American States, other international organizations. The United States is a developed country, with the world's largest economy by nominal GDP and second-largest economy by PPP, accounting for a quarter of global GDP; the U. S. economy is post-industrial, characterized by the dominance of services and knowledge-based activities, although the manufacturing sector remains the second-largest in the world. The United States is the world's largest importer and the second largest exporter of goods, by value. Although its population is only 4.3% of the world total, the U. S. holds 31% of the total wealth in the world, the largest share of global wealth concentrated in a single country. Despite wide income and wealth disparities, the United States continues to rank high in measures of socioeconomic performance, including average wage, human development, per capita GDP, worker productivity.
The United States is the foremost military power in the world, making up a third of global military spending, is a leading political and scientific force internationally. In 1507, the German cartographer Martin Waldseemüller produced a world map on which he named the lands of the Western Hemisphere America in honor of the Italian explorer and cartographer Amerigo Vespucci; the first documentary evidence of the phrase "United States of America" is from a letter dated January 2, 1776, written by Stephen Moylan, Esq. to George Washington's aide-de-camp and Muster-Master General of the Continental Army, Lt. Col. Joseph Reed. Moylan expressed his wish to go "with full and ample powers from the United States of America to Spain" to seek assistance in the revolutionary war effort; the first known publication of the phrase "United States of America" was in an anonymous essay in The Virginia Gazette newspaper in Williamsburg, Virginia, on April 6, 1776. The second draft of the Articles of Confederation, prepared by John Dickinson and completed by June 17, 1776, at the latest, declared "The name of this Confederation shall be the'United States of America'".
The final version of the Articles sent to the states for ratification in late 1777 contains the sentence "The Stile of this Confederacy shall be'The United States of America'". In June 1776, Thomas Jefferson wrote the phrase "UNITED STATES OF AMERICA" in all capitalized letters in the headline of his "original Rough draught" of the Declaration of Independence; this draft of the document did not surface unti
Koninklijke Philips N. V. is a Dutch multinational technology company headquartered in Amsterdam, one of the largest electronics companies in the world focused in the area of healthcare and lighting. It was founded in Eindhoven in 1891 by Gerard Philips and his father Frederik, with their first products being light bulbs, it was once one of the largest electronic conglomerates in the world and employs around 74,000 people across 100 countries. The company gained its royal honorary title in 1998 and dropped the "Electronics" in its name in 2013. Philips is organized into two main divisions: Philips Consumer Health and Well-being and Philips Professional Healthcare; the lighting division was spun off as a separate company, Signify N. V.. The company started making electric shavers in 1939 under the Philishave brand, post-war they developed the Compact Cassette format and co-developed the Compact Disc format with Sony, as well as numerous other technologies; as of 2012, Philips was the largest manufacturer of lighting in the world as measured by applicable revenues.
Philips has a primary listing on the Euronext Amsterdam stock exchange and is a component of the Euro Stoxx 50 stock market index. It has a secondary listing on the New York Stock Exchange. Acquisitions include that of Magnavox, they have had a sports club since 1913 called PSV Eindhoven. The Philips Company was founded by Gerard Philips and his father Frederik Philips. Frederik, a banker based in Zaltbommel, financed the purchase and setup of an empty factory building in Eindhoven, where the company started the production of carbon-filament lamps and other electro-technical products in 1892; this first factory is used as a museum. In 1895, after a difficult first few years and near bankruptcy, the Philipses brought in Anton, Gerard's younger brother by sixteen years. Though he had earned a degree in engineering, Anton started work as a sales representative. With Anton's arrival, the family business began to expand resulting in the founding of Philips Metaalgloeilampfabriek N. V. in Eindhoven in 1908, followed in 1912, by the foundation of Philips Gloeilampenfabrieken N.
V.. After Gerard and Anton Philips changed their family business by founding the Philips corporation, they laid the foundations for the electronics multinational. In the 1920s, the company started to manufacture other products, such as vacuum tubes. In 1939, they introduced the Philishave; the "Chapel" is a radio with built-in loudspeaker, designed during the early 1930s. On 11 March 1927, Philips went on the air with shortwave radio station PCJJ, joined in 1929 by sister station PHOHI. PHOHI broadcast in Dutch to the Dutch East Indies while PCJJ broadcast in English and German to the rest of the world; the international program on Sundays commenced in 1928, with host Eddie Startz hosting the Happy Station show, which became the world's longest-running shortwave program. Broadcasts from the Netherlands were interrupted by the German invasion in May 1940; the Germans commandeered the transmitters in Huizen to use for pro-Nazi broadcasts, some originating from Germany, others concerts from Dutch broadcasters under German control.
Philips Radio was absorbed shortly after liberation when its two shortwave stations were nationalised in 1947 and renamed Radio Netherlands Worldwide, the Dutch International Service. Some PCJ programs, such as Happy Station, continued on the new station. Philips was instrumental in the revival of the Stirling engine when, in the early 1930s, the management decided that offering a low-power portable generator would assist in expanding sales of its radios into parts of the world where mains electricity was unavailable and the supply of batteries uncertain. Engineers at the company's research lab carried out a systematic comparison of various power sources and determined that the forgotten Stirling engine would be most suitable, citing its quiet operation and ability to run on a variety of heat sources, they were aware that, unlike steam and internal combustion engines no serious development work had been carried out on the Stirling engine for many years and asserted that modern materials and know-how should enable great improvements.
Encouraged by their first experimental engine, which produced 16 W of shaft power from a bore and stroke of 30 mm × 25 mm, various development models were produced in a program which continued throughout World War II. By the late 1940s, the'Type 10' was ready to be handed over to Philips's subsidiary Johan de Witt in Dordrecht to be produced and incorporated into a generator set as planned; the result, rated at 180/200 W electrical output from a bore and stroke of 55 mm × 27 mm, was designated MP1002CA. Production of an initial batch of 250 began in 1951, but it became clear that they could not be made at a competitive price, besides with the advent of transistor radios with their much lower power requirements meant that the original rationale for the set was disappearing. 150 of these sets were produced. In parallel with the generator set, Philips developed experimental Stirling engines for a wide variety of applic
Barracuda Networks, Inc. is a company providing security and storage products based on network appliances and cloud services. The company's security products include products for protection against email, web surfing, web hackers and instant messaging threats such as spam, spyware and viruses; the company's networking and storage products include web filtering, load balancing, application delivery controllers, message archiving, NG firewalls, backup services and data protection. Barracuda Networks was founded in 2003 by Dean Drako, Michael Perone, Zach Levow. In 2007 the company moved its headquarters to Campbell and opened an office in Ann Arbor, Michigan. In January 2006, it closed its first outside investment of $40 million from Sequoia Capital and Francisco Partners. On January 29, 2008, Barracuda Networks was sued by Trend Micro over their use of the open source anti-virus software Clam AntiVirus, which Trend Micro claimed to be in violation of their patent on'anti-virus detection on an SMTP or FTP gateway'.
In addition to providing samples of prior art in an effort to render Trend Micro's patent invalid, in July 2008 Barracuda launched a countersuit against Trend Micro claiming Trend Micro violated several antivirus patents Barracuda Networks had acquired from IBM. In December 2008, the company launched the BRBL, its proprietary and dynamic list of known spam servers, for free and public use in blocking spam at the gateway. Soon after opening BRBL many IP addresses got blacklisted without apparent reason and without any technical explanation; as of October 2009, Barracuda had over 85,000 customers. As of November, 2011, Barracuda had more than 130,000 customers; as of January, 2014, Barracuda has more than 150,000 customers worldwide. In 2012, the company became a co-sponsor of the Garmin-Barracuda UCI ProTour cycling team and entitlement sponsor of the 2011 Indianapolis 500 champion Bryan Herta Autosport in the IndyCar Series, with the #98 Lotus driven by Alex Tagliani, who will defend the team's championship.
Barracuda Networks expanded its research and development facility in Ann Arbor to a 12,500 square foot office building on Depot Street in 2008. By 2012, the Michigan-based research division had grown to about 180 employees, again outgrowing its space. In June, 2012, Barracuda signed a lease to occupy the 45,000 square foot office complex used as the Borders headquarters on Maynard St in downtown Ann Arbor. In July 2012, Dean Drako, Barracuda Networks's co-founder, president and CEO since it was founded in 2003, resigned his operating position, remaining on the company's board of directors. At the time of Drako's departure, the company stated it had achieved profitability, a nearly ongoing 30 annual percent growth rate since inception, 150,000 customers worldwide, nearly 1,000 employees, 10 offices, did business in 80 countries; the company created the office of the CEO. In November 2012, long-time EMC executive William "BJ" Jenkins joined the company as President and CEO. Jenkins worked at EMC since 1998 and most served as president of EMC's Backup and Recovery Systems Division.
In November 2013, Barracuda Networks went public on the New York Stock Exchange under the ticker symbol CUDA. In March 2015, Barracuda Networks expanded its business to North Asia and was distributed by TriTech Distribution Limited in Hong Kong. In November 2015, Barracuda added new Next Generation Firewall to its firewall family. Barracuda has announced future discontinuation of its Copy and CudaDrive services as of May 2016. In November 2017 Thoma Bravo LLC, a private equity firm, announced they were taking Barracuda Networks private in a $1.6 billion buyout expected to go through in Feb 2018. In February 2018 Thoma Bravo announced. Barracuda Sentinel - In June 2017, Barracuda launched an artificial intelligence service to prevent spear phishing and cyber fraud. Email Security Gateway - In October 2003, Barracuda announced its spam and virus firewall plug-in appliance. In June 2008, Barracuda launched a virus firewall for large enterprises and ISPs. Web Security Gateway - In April 2005, the company introduced its web filtering appliance to prevent spyware and viruses from gathering and transmitting user data, to control web surfing.
Load balancer ADC - In November 2006, the company introduced a load balancing appliance for high availability distribution of network traffic across multiple servers. Message Archiver - In July 2007, the company introduced message archiving to index and preserve emails, to meet legal and regulatory compliance. SSL VPN & Remote Access - In November 2008, the company launched its secure sockets layer virtual private network product to provide secure, remote access. Web Application Firewall - Announced in February 2008, for securing Web applications for large enterprises and to address regulation compliance such as PCI DSS. Link Balancer - Announced in September 2008, to optimize and aggregate internet connections from different providers. Barracuda Backup - In November 2008, the company announced a service to back up data in the cloud, including on-site backup with data deduplication and off-site data replication for disaster recovery. In January 2009, Barracuda added message-level backup for Microsoft Exchange and Novell GroupWise, integrating Barracuda Backup Service with Yosemite Backup Tapeware.
Web Security Service - In October 2009, in conjunction with its acquisition of Purewire, Barracuda Networks launched the Purewire Web Security Service, a software as a service offering for Web filtering, content security, safe web surfing. NextGen Firewall - In February 2010