History
RAD was founded by brothers Yehuda and Zohar Zisapel in 1981, as a spin-off from Bynet, a Networking hardware distribution company founded by Yehuda in 1973. Their goal was to develop their own products; the company was simply named RAD, for Research And Development.
RAD first successful product was a miniature (by 1980s standards) computer modem. The product quickly became a commercial success, and by 1985, RAD annual revenues reached $5.5 million USD. This initial product line has evolved into RAD Data Communications, the largest company within the RAD Group.
Read more about this topic: RAD Data Communications
Famous quotes containing the word history:
“History is the present. That’s why every generation writes it anew. But what most people think of as history is its end product, myth.”
—E.L. (Edgar Lawrence)
“The history of all Magazines shows plainly that those which have attained celebrity were indebted for it to articles similar in natureto Berenice—although, I grant you, far superior in style and execution. I say similar in nature. You ask me in what does this nature consist? In the ludicrous heightened into the grotesque: the fearful coloured into the horrible: the witty exaggerated into the burlesque: the singular wrought out into the strange and mystical.”
—Edgar Allan Poe (1809–1849)
“There is no history of how bad became better.”
—Henry David Thoreau (1817–1862)