AddOn Networks
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AddOn Networks - overview
Established
1999
Location
Tustin, CA, US
Primary Industry
Software
About
AddOn Networks provides specialized fiber optic connectivity solutions, focusing on network transceivers and accessories that enhance data transmission for various industries, including government and enterprise. Founded in 1999 in Tustin, US, AddOn Networks specializes in fiber optic connectivity solutions. The company merged with ProLabs (UK) Ltd. in December 2017 to form Halo Technology Limited.
The CEO, Matt McCormick, leads the company as it continues to expand in the tech sector with a strong emphasis on B2B sales. AddOn Networks offers a comprehensive range of fiber optic connectivity solutions, including network transceivers compatible with OEMs like Cisco, Dell, and HP. Their product lineup features multiplexers, media converters, fiber adapters, and patch cables, all designed to meet the connectivity demands of enterprises across North America, Europe, and Asia, ensuring secure and efficient data transmission. AddOn Networks generates revenue through direct sales of fiber optic products primarily to enterprise clients, data centers, and government agencies.
Their key offerings, such as the QSFP28 ZR4 transceivers, cater to specific connectivity requirements, with a diverse inventory of over 40,000 SKUs. The company’s pricing is competitive, especially for bulk orders, and they emphasize quality through their proprietary Data Traveler System™, which ensures rigorous testing and certification of their products. Following the merger with ProLabs in December 2017, Halo Technology Limited plans to leverage Inflexion Private Equity Partners' experience to enhance its technical capabilities and pursue international expansion. The company aims to introduce new products designed for high-demand markets and seeks to penetrate additional geographic regions to broaden its client base.
Recent strategic initiatives will focus on meeting evolving market needs and strengthening its position in the fiber optics industry.
Current Investors
Halo Technology Group
Primary Industry
Software
Sub Industries
Connectivity Software
Website
www.addoncomputer.com
Company Stage
Merged
Total Amount Raised
Subscriber access only
AddOn Networks - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Halo Technology Group | - | ||||||||
| Merger | Completed | AddOn Networks, ProLabs (UK) Ltd. | - | ||||||||
| Buyout | Completed | AddOn Networks | - |
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