PacketExchange

PacketExchange is a global network services provider with a mesh architecture connecting 45 points of presence in Europe, Asia and the United States over a private backbone consisting primarily of multiple 10 Gigabit Ethernet links over dedicated wavelengths. The company was originally founded in 2002 to act as a wide-area Internet Exchange Point and application delivery service provider with offices in London and New York.

The company's original business model was to use Layer 2 Ethernet and MPLS technology to build a distributed Internet Exchange Point as well as to provide point to point ethernet connectivity. While this model has been quite successful with over 140 networks peering traffic over the PacketExchange network, the commoditization of the IP market in general in recent years has created the necessity for the company evolve. In October 2007, PacketExchange added Content Delivery services and was recognized as a key success factor in the band Radiohead's internet album release. In February 2008, Rick Mace became the new CEO and simultaneously, PacketExchange secured an additional $12 million in investment capital. PacketExchange continues to expand it's network and product portfolio. In May 2008, the company expanded its core network into the Telx colocation facility in New York. The company plans to add a new core network point of presence in Singapore in November 2008.

Today, PacketExchange offers a portfolio of services which include Ethernet Private Line (both EPL and EVPL), Wide-area Peering, Community of Interest Networking, Content Delivery Network, single and multi-homed Internet Transit and Dedicated Internet Access. The company also offers expertise in peering/BGP and infrastructure to support Cloud Computing.

Deloitte named PacketExchange a winner of the UK Technology Fast 50 awards for 2007, identifying the company as one of the UK’s fastest-growing high-technology companies through an objective ranking based on sustained revenue growth over the past five years. [http://www.deloitte.com/dtt/section_node/0,1042,sid=144414,00.html] .The company was listed by Tech Track as the "18th Fastest Growing Technology Company" for 2006 and the "14th Fastest Growing Technology Company" for 2005. [http://www.fasttrack.co.uk/fasttrack2002/migration/dbIndex.asp?siteID=3&searchName=&yr=2005&sort=num&area1=99] .

References

* [http://www.reuters.com/article/pressRelease/idUS239337+29-May-2008+BW20080529 Reuters, May 29, 2008; "PacketExchange Launches Services at Telx in New York".]
* [http://www.informationweek.com/blog/main/archives/2008/02/packetexchange.html Information Week, February 11, 2008; "PacketExchange Grabs $12 Million Investment... And CEO"]
* [http://www.digital50.com/news/items/PR/2007/10/11/UKTH081/packetexchange-brings-new-radiohead-album-to-fans-around-the-globe-in-record-time Digital50, October 11, 2007; "PacketExchange Brings New Radiohead Album to Fans Around the Globe in Record Time".]
* [http://www.telecommagazine.com/International/Article.asp?Id=AR_58 Telecommunications Magazine. May 2005. PacketExchange: without peers?]
* [http://www.findarticles.com/p/articles/mi_m0EIN/is_2005_Jan_17/ai_n8695933 PacketExchange Acquires XchangePoint and Gains New Investment. Business Wire, Jan 17, 2005]
*http://www.fasttrack.co.uk/fasttrack2002/migration/dbDetails.asp?siteID=3&compID=1509&yr=2006

External links

* [http://www.packetexchange.net Official Site]