Zeus Technology - History

History

Zeus Technology was founded in 1995 by Damian Reeves and Adam Twiss while they were undergraduates at Churchill College, University of Cambridge.

The company grew rapidly during the excesses of the Dot-com boom. In June 2000 Zeus Technology was nominated one of the top 50 most important privately held companies in the world by Red Herring and one of the Top 100 Emerging Technology Companies by Tornado Insider in May 2001. A public flotation was anticipated but Zeus Technology remained privately held until its 2011 acquisition.

During 2001 and 2002, almost 3% of the world's websites ran on Zeus Web Server. For much of 2003, Zeus Web Server was the third most popular web server (after Apache and Microsoft IIS).

As competitors matured and Windows NT platforms became more commonplace in the web serving environment, Zeus Web Server's share shrank significantly. In April 2006, the Zeus Web Server held approximately 0.7% market share.

In June 2011, Zeus acquired Art of Defence, a Bavarian software company founded in 2005 that develops a distributed Web Application Firewall called hyperguard.

In July 2011, Zeus Technology was acquired by Riverbed Technology for $110m.

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