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FatPipe in Deloitte's 2006 Tech Fast 500 list

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CIOL Bureau
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SALT LAKE CITY, UTAH: FatPipe Networks, the inventor and multiple patents holder of WAN optimization, redundancy and security products, has announced that it ranked Number 381 on Deloitte’s 2006 Technology Fast 500. 

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The Technology Fast 500 is a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001–2005.

FatPipe’s revenue grew 320 per cent during this period.

Dr Ragula Bhaskar, CEO of FatPipe Network, credits the 320 percent growth in revenue to steady demand for its innovative router clustering and other Internet/WAN optimization devices and solid relationships with customers.

“Given the increased competition and tightening of discretionary spending, it’s more impressive than ever for companies to be among the fastest growing in North America,” said Tony Kern, deputy managing principal of Deloitte’s Technology, Media and Telecommunications industry practice.

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