BBN's History of Value Creation

BBN Technologies has a strong history of creating value via spin-offs and M&A transactions.

  • 1979

    BBN sells Telenet to GTE for $10M

  • 1993

    BBN sells SimNet to Loral for $6M

  • 1994

    BBN participates in sale of Lightstream to Cisco for $120M

  • 1996

    BBN sells majority interest in Domain Solutions for $36M

  • 1997

    BBN sold to GTE for $616M

  • 2000

    BBN sells Cybertrust to Baltimore Technologies for $150M

  • 2000

    Genuity (formerly BBN Planet) raises $1.9B in IPO

  • 2004

    BBN management team and private investor group starts a new chapter of value creation with the buy-out of BBN from Verizon