PacketExchange
Encyclopedia
PacketExchange is a global network services provider based in London
, UK. Founded in 2002 its network connects 45 points of presence across Europe
, Asia
and the United States
over a private backbone consisting primarily of multiple 10 Gigabit Ethernet
links over dedicated wavelengths on a diverse fiber-optic mesh.
PacketExchange's portfolio of services 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
.
The company headquarters are in London, UK with offices in the United States.
and application delivery service provider
. 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. This model was reasonably successful, with over 140 networks peering traffic over the PacketExchange network. The commoditization of the IP market over recent years has necessitated that the company evolve.
In January 2005, PacketExchange acquired and integrated XchangePoint. In October 2007, PacketExchange 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 its network and product portfolio. The company added two new core network points of presence during 2008: one in the Telx colocation facility in New York and another in Singapore.
In January of 2010 Mzima Networks
announced that its network assets were acquired by PacketExchange. Grant Kirkwood became PacketExchange's CTO. The two companies merged customer bases and operations resulting in a combined company with an extensive global network footprint that leverages its 10 Gigabit backbone to provide global Ethernet private line services, MPLS
and VPLS networking, IP transit and peering
services.
In August 2010, PacketExchange is named to Lead411's New York City
Hot 125.
In March 2007, Red Herring
names PacketExchange as a Finalist of Red Herring 100 Europe.
In 2007, 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.
In 2005-2006, 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.
In 2002, PacketExchange is listed among World Communication Awards
(WCA) Winners and Finalists.
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
, UK. Founded in 2002 its network connects 45 points of presence across Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
, Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...
and the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
over a private backbone consisting primarily of multiple 10 Gigabit Ethernet
10 Gigabit Ethernet
The 10 gigabit Ethernet computer networking standard was first published in 2002. It defines a version of Ethernet with a nominal data rate of 10 Gbit/s , ten times faster than gigabit Ethernet.10 gigabit Ethernet defines only full duplex point to point links which are generally connected by...
links over dedicated wavelengths on a diverse fiber-optic mesh.
PacketExchange's portfolio of services include Ethernet Private Line
Ethernet Private Line
Ethernet Private Line is a data service defined by the Metro Ethernet Forum, providing a point-to-point Ethernet Virtual Connection between a pair of dedicated User–network interfaces , with a high degree of transparency....
(both EPL and EVPL), Wide-area Peering, Community of Interest Networking, Content Delivery Network
Content Delivery Network
A content delivery network or content distribution network is a system of computers containing copies of data placed at various nodes of a network....
, single and multi-homed Internet transit
Internet transit
Internet transit is the service of allowing network traffic to cross or "transit" a computer network, usually used to connect a smaller Internet service provider to the larger Internet...
and Dedicated Internet Access. The company also offers expertise in peering/BGP and infrastructure to support Cloud Computing
Cloud computing
Cloud computing is the delivery of computing as a service rather than a product, whereby shared resources, software, and information are provided to computers and other devices as a utility over a network ....
.
The company headquarters are in London, UK with offices in the United States.
Company history
The company was founded to act as a wide-area Internet Exchange PointInternet Exchange Point
An Internet exchange point is a physical infrastructure through which Internet service providers exchange Internet traffic between their networks . IXPs reduce the portion of an ISP's traffic which must be delivered via their upstream transit providers, thereby reducing the average per-bit...
and application delivery service provider
Service provider
A service provider is an entity that provides services to other entities. Usually, this refers to a business that provides subscription or web service to other businesses or individuals. Examples of these services include Internet access, Mobile phone operators, and web application hosting...
. The company's original business model was to use Layer 2 Ethernet and MPLS
Mpls
MPLS or Mpls can refer to:* Minneapolis, Minnesota, United States* Multiprotocol Label Switching, a data-carrying mechanism in computer networking...
technology to build a distributed Internet Exchange Point
Internet Exchange Point
An Internet exchange point is a physical infrastructure through which Internet service providers exchange Internet traffic between their networks . IXPs reduce the portion of an ISP's traffic which must be delivered via their upstream transit providers, thereby reducing the average per-bit...
as well as to provide point to point Ethernet connectivity. This model was reasonably successful, with over 140 networks peering traffic over the PacketExchange network. The commoditization of the IP market over recent years has necessitated that the company evolve.
In January 2005, PacketExchange acquired and integrated XchangePoint. In October 2007, PacketExchange 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 its network and product portfolio. The company added two new core network points of presence during 2008: one in the Telx colocation facility in New York and another in Singapore.
In January of 2010 Mzima Networks
Mzima Networks
The MZIMA Network is a global data network and Internet Protocol backbone extending across the United States, Europe and Asia. This specialized network incorporates the Provider Backbone Bridge Traffic Engineering networking standard which adapts Ethernet technology to carrier class networks...
announced that its network assets were acquired by PacketExchange. Grant Kirkwood became PacketExchange's CTO. The two companies merged customer bases and operations resulting in a combined company with an extensive global network footprint that leverages its 10 Gigabit backbone to provide global Ethernet private line services, MPLS
Mpls
MPLS or Mpls can refer to:* Minneapolis, Minnesota, United States* Multiprotocol Label Switching, a data-carrying mechanism in computer networking...
and VPLS networking, IP transit and peering
Peering
In computer networking, peering is a voluntary interconnection of administratively separate Internet networks for the purpose of exchanging traffic between the customers of each network. The pure definition of peering is settlement-free or "sender keeps all," meaning that neither party pays the...
services.
Honors and awards
In September 2010, PacketExchange is nominated for the 2010 Streaming Media Readers’ Choice Award.In August 2010, PacketExchange is named to Lead411's New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
Hot 125.
In March 2007, Red Herring
Red Herring (magazine)
Red Herring was a technology business magazine, which flourished during the dot com boom, with global distribution and bureaus in Bangalore, Beijing, and Paris. It also sponsored conferences designed to bring venture capitalists, entrepreneurs, and technologists together. But the magazine went into...
names PacketExchange as a Finalist of Red Herring 100 Europe.
In 2007, 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.
In 2005-2006, 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.
In 2002, PacketExchange is listed among World Communication Awards
World Communication Awards
The World Communication Awards were established in 1999 to recognise excellence amongst global telecom operators. The 2007 awards were presented in London on 28 November and drew an audience of more than 500 senior executives from the telecommunication industry.Previous winners have come from...
(WCA) Winners and Finalists.