x
Optical/IP

Procket's Other Assets Hit the Block

On August 6, Cisco Systems Inc. (Nasdaq: CSCO) completed its purchase of certain assets of Procket Networks Inc. for $92 million (see Cisco Completes Procket, Parc Purchases). But what about the rest of Procket's assets?

Well, now it can all be yours! Or part of it, anyway. The innards of Procket's Milpitas, Calif.-based manufacturing facility are going up for auction via the Web on November 16 at 9:00 a.m. Pacific time.

The auction totals 1,680 items, including a nice collection of high-end routers from Cisco, Extreme Networks Inc. (Nasdaq: EXTR), and Juniper Networks Inc. (Nasdaq: JNPR), as well as piles of test equipment and pages' worth of servers from Dell Inc. (Nasdaq: DELL) and Sun Microsystems Inc. (Nasdaq: SUNW).

Ofcourse, there's the usual office equipment as well, and (just in time for Christmas!) a big ol' stack of used keyboards and mice. ("Please inspect," indeed.)

Believed to have raised more than $300 million in funding, Procket understandably managed to amass lots of stuff and Cisco wanted almost none of it. Cisco's all-cash buy targeted Procket's intellectual property and some engineers, but it was clear that Cisco had no intention of continuing the Procket product line -- at least not the way Procket built it (see Procket Stuffing Its Pocket and Procket Reaches 'End of Life').

— Craig Matsumoto, Senior Editor, Light Reading


For the latest intelligence and analysis of next-generation telecom market opportunities, check out the coming Light Reading Live! event: Light Reading's Telecom Investment Conference, at the exclusive Plaza Hotel in New York City, on Wednesday, December 15, 2004.

Page 1 / 2   >   >>
watcher10 12/5/2012 | 1:05:07 AM
re: Procket's Other Assets Hit the Block Wasn't this auction originally supposed to be
in september, but then was delayed by some sort
of Court action? The action catalog says
"procket auction #2", but does anyone know if
Action #1 ever actually happened?
jeepman 12/5/2012 | 1:05:06 AM
re: Procket's Other Assets Hit the Block Man, that's a lot of stuff. I counted over 40 oscilloscopes, and over 100 signal generators.

How many engineers did they have? Did they really use all this stuff, or has Cisco thrown in a bunch of their old equipment too? Sounds more likely. Sometimes if I know a neighbor is having a garage sale I'll bring over some of my junk too.


That's not all Procket stuff. I think you'll find that in any of these auctions other companies find it a convienient way to dispose of a lot of excess stuff without having their name associated with it.

BTW the first auction never occured because the ex landlord filed a restraining order in Santa Clara Superior Court (and wanted to be in on some of the proceeds, I assume, because Procket up and left their old facility for cheaper digs).
opticalwatcher 12/5/2012 | 1:05:06 AM
re: Procket's Other Assets Hit the Block Man, that's a lot of stuff. I counted over 40 oscilloscopes, and over 100 signal generators.

How many engineers did they have? Did they really use all this stuff, or has Cisco thrown in a bunch of their old equipment too? Sounds more likely. Sometimes if I know a neighbor is having a garage sale I'll bring over some of my junk too.
gotman 12/5/2012 | 1:05:04 AM
re: Procket's Other Assets Hit the Block I'm disappointed no PRO's. I wonder what they did with those?

On another note seems like Cisco has another CRS in the works? LR whats the low down?

http://www.cisco.com/univercd/...

egotman
Tony Li 12/5/2012 | 1:05:03 AM
re: Procket's Other Assets Hit the Block I think that you're thinking of a PRO/1 Lab. They're there:

http://www.dovebid.com/assets/...

Be sure to get one that has a reasonably current Procket stack on it (no upgrades ;-() and the 4E PCI card.

Tony
hightechgossip 12/5/2012 | 1:05:02 AM
re: Procket's Other Assets Hit the Block
Did procket really need all those scopes and logic analyzers? Seems like hundreds of them. Don't you just need a handful of those in the lab?

Or the hardware was so unstable that they have to attach a set with each box they ship to debug problems :-)
jeepman 12/5/2012 | 1:05:01 AM
re: Procket's Other Assets Hit the Block Did procket really need all those scopes and logic analyzers? Seems like hundreds of them. Don't you just need a handful of those in the lab?

As stated earlier, that's not all Procket stuff. You'll find that in any of these auctions other companies find it a convienient way to dispose of a lot of excess stuff without having their name associated with it.

All the wireless test equipment, for example. Procket had nothing to do with wireless product development.
Tony Li 12/5/2012 | 1:05:01 AM
re: Procket's Other Assets Hit the Block
Yes, when you start doing high end signal integrity work, and you're trying to debug a board, you need that kind of gear. And when you have a number of boards all being brought up in parallel, by different teams each subdivided to work on different issues, and all of those folks are working in parallel, your looking at that amount of equipment.

This is not like debugging a 4K Static RAM board on an S100 bus anymore...

Tony
jeepman 12/5/2012 | 1:05:01 AM
re: Procket's Other Assets Hit the Block I think that you're thinking of a PRO/1 Lab. They're there:

http://www.dovebid.com/assets/...

Be sure to get one that has a reasonably current Procket stack on it (no upgrades ;-() and the 4E PCI card.


I think you'll find that any of the servers/PCs etc that are available on DoveBid have all had their disks wiped clean. The Procket stack most certainly is history.

The rest of all the 'real' Procket hardware (8812s, 8801s, etc) has a date with 'the crusher' (if it hasn't been shredded already).
ragho 12/5/2012 | 1:04:57 AM
re: Procket's Other Assets Hit the Block
Where are them source code warriors with Procket's source for sale? GPL or try before you buy, kinda thing you know? ;-)

LOL, I wonder how the people remaining felt when they were digging their own graves :P.
Page 1 / 2   >   >>
HOME
Sign In
SEARCH
CLOSE
MORE
CLOSE