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Zyxel | |
Company type | Wholly-owned subsidiaries |
TWSE: 3704 | |
Industry | |
Founded | 1989Hsinchu, Taiwan | in
Headquarters | Hsinchu Science Park, Hsinchu, Taiwan |
Area served | Worldwide |
Key people | Shun-I Chu (Founder, Chairman of Zyxel Group Corp.) Gordon Yang (Chairman) |
Products | Network switches, Wireless LAN access points, firewalls, Mobile broadband routers |
Number of employees | 652 (as of December 31, 2023) |
Parent | Zyxel Group Corporation |
Website | www |
Zyxel Networks Corp. (Chinese: 兆勤科技股份有限公司) is a Taiwanese multinational networking company headquartered in the Hsinchu Science Park, Taiwan, serving 150 markets worldwide.[1] It provides networking hardware and licensing solutions for small and medium-sized businesses (SMBs).[2]
Zyxel Networks was spun off on April 1, 2019, from Zyxel Communications Corp.,[3] which was founded on August 16, 1989. Both companies are subsidiaries of Zyxel Group Corp.[4]
History
editShun-Yi Chu founded Zyxel Communications on August 16, 1989, to develop components for high-speed chipsets.[5] In 1991 and 1992, respectively, the company introduced the world's first V.32 bis (14400bps) modem and the first fully integrated fax machine, phone, and modem.[6]
The company went public on the Taiwan Stock Exchange on August 24, 1999.[7]
On March 23, 2010, Zyxel Communications was spun off and became a subsidiary of the newly established holding company Unizyx Holding Corp. (later renamed Zyxel Group Corp. on June 15, 2023)[8] On October 30 that year, Zyxel Communications spun off its original equipment manufacturing business into MitraStar Technology Corp., which is also a wholly-owned subsidiary of the Zyxel Group.[9]
Zyxel Communications underwent another split on April 1, 2019, separating its channel business into Zyxel Networks. The new company took over the provision of networking and cybersecurity products and services to SMBs, while Zyxel Communications continued to market to telecom and internet service providers.[10]
See also
editReferences
edit- ^ "About Zyxel". Zyxel Networks.
- ^ "2023 Partner Program Guide Details". CRN Partner Program Guide.
- ^ 王, 憶紅 (2019-02-26). "Zyxel group adjustment; Zyxel Networks established in channel business split (合勤組織調整 切割通路另設兆勤子公司)".
- ^ "Zyxel Communications Corporation split the channel business to Zyxel Networks Corporation whose shares is 100% owned by Unizyx Holding Corporation". Zyxel Group. 2019-02-26.
- ^ "WSJ Markets_Zyxel Group Corp". WSJ.
- ^ "Special Anthology Celebrating 40th Anniversary of the Hsinchu Science Park". Hsinchu Science Park Bureau. 2020. pp. 215–217.
- ^ "Markets Data_Zyxel Group Corp". Bloomberg.
- ^ Hwang, Adam (2010-06-18). "Zyxel sets up holding firm to split own-brand, OEM operations".
- ^ "MitraStar Technology to Be Officially Established and Will Focus on DMS (Design, Manufacturing and Service)". MitraStar Technology. 2010-12-30.
- ^ "Zyxel Communications Corporation split the channel business to Zyxel Networks Corporation whose shares is 100% owned by Unizyx Holding Corporation". Zyxel Group. 2019-02-26.