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Trapeze Networks, Inc. was founded in 2002. It is a Wi-Fi networking infrastructure and services vendor. In Sept 2007 Trapeze was recognized by Frost and Sullivan as the first company to apply controller virtualization techniques to wireless networks resulting in session-level hitless failover capabilities. Trapeze was acquired by Belden Inc. in July 2008 for $133 million. In December 2008 Trapeze Networks acquired Newbury Networks, a Wi-Fi based Real-Time Location Services (RTLS) company. In November 2010 Juniper Networks announced a definitive agreement to acquire Trapeze Networks in an all-cash transaction valued at approximately $152 million.
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