2Wire Turns 10, Ships 20 Millionth Intelligent Gateway
Silicon Valley Innovator Drives Digital Home Convergence
San Jose, California - August 2008 - 2Wire, a provider of broadband solutions, is celebrating two significant milestones today with the company’s 10-year anniversary and the shipment of its 20 millionth HomePortal® intelligent gateway. Now one of the leading providers of broadband gateways in the world, 2Wire continues to set the standard for excellence in broadband access equipment and user experience.
Since its founding in 1998 by a team of four friends, including current CEO Pasquale “Pat” Romano, 2Wire has been committed to developing innovative solutions that unify network-enabled home devices and equipment on a single platform. The company has succeeded, expanding its presence internationally and developing several notable solutions in the broadband space, including residential gateways, multi-service media platforms, intelligent home servers, and remote CPE management systems. Notable industry firsts include:
* First splitter-less DSL self-install solution - 2000
* First intelligent residential gateway - 2000
* First wireless gateway - 2001
* First TR-069-compliant remote CPE management system (CMS) - 2004
* First multi-service media platform to integrate DSL and satellite television services (MediaPortal®) - 2004
* First outdoor broadband home gateway (HomePortal iNID) - 2006
2Wire continues to expand its global distribution footprint while constantly developing innovative, award-winning solutions for its growing list of customers.
Pat Romano, co-founder, president, and CEO of 2Wire, looks toward the future with excitement. “The opportunities for 2Wire in the broadband marketplace are limitless right now,” said Romano. “The market is going through a period of significant maturation and consolidation. We have scale, technology, a large customer base, and a world class group of employees on our side. Our history demonstrates that we consistently change the game in the industry through innovative combinations of technologies and services. These attributes have served us well in the past and will continue to do so as we forge ahead.”
“From the beginning, it seems that 2Wire correctly anticipated and timed the growth we are currently witnessing in the broadband market,” said Kurt Scherf, vice president and principal analyst with Parks Associates. “The company continues to lead the market to this day, with innovations in residential gateways, storage solutions, and convergent video and digital entertainment offerings. By the end of this year, 27 million households worldwide will have residential gateways, growing to more than 70 million by the end of 2012. With its expanding portfolio of products and services, 2Wire is very well positioned to continue capitalizing on this growth.”
2Wire, HomePortal, and MediaPortal are the registered trademarks of 2Wire, Inc. in the United States and in other jurisdictions throughout the world. Other 2Wire product names are trademarks or registered trademarks of 2Wire, Inc.
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