Terayon
| Company type | Public |
|---|---|
| Industry | Broadband equipment, telecommunications |
| Founded | 1993 |
| Founder | Zaki Rakib, Shlomo Rakib |
| Defunct | 2007 |
| Fate | Acquired by Motorola |
| Headquarters | Santa Clara, California , United States |
| Products | Equipment for voice, video, and data services delivery |
Terayon Communication Systems, Inc. provided broadband service providers with equipment designed to deliver voice, video, and data services to both residential and commercial clients.
History
Established in 1993 by the Israeli siblings Zaki and Shlomo Rakib, Terayon was built upon their extensive engineering expertise—Shlomo specialized in electrical engineering, while Zaki held a PhD in mechanical engineering and applied mathematics. After moving to the United States, they founded the company, which eventually became publicly traded on NASDAQ in August 1998.
In 1999, Terayon ventured into the telecommunications and satellite markets but redirected its focus back to the cable industry by 2000. During the period from 1999 to 2000, the company acquired seven firms, including Imedia for $100 million, Radwiz for $64 million, Teledata Networks (which was later divested), and Ultracom Communications for $32 million—enhancing its capabilities in video processing and broadband technologies.
By 2004, Terayon had adjusted its business approach to concentrate on digital video products aimed at broadcasters, telecom operators, and satellite television providers, while gradually discontinuing home access devices such as cable modems.
Due to complications with financial disclosures, Terayon was removed from NASDAQ in April 2006. Subsequently, Motorola purchased the company for $140 million in June 2007.