Sangfor Technologies Continues the Trend of Chinese Companies "Going West"
SANTA CLARA, Calif., Dec. 17, 2014 /PRNewswire/ -- In the United States today, it is impossible not to see the fingerprints of Chinese companies. There is Lenovo, which took over the PC brand from American giant IBM in 2005; there is Baidu, which recently made a $10 million investment in IndoorAtlas; and there is Tencent, which has invested in a number of American startups including Snapchat, Weebly, and Fab. And Alibaba, also a Chinese company, recently launched the largest IPO in the U.S. history.
By announcing its move into the U.S. market with a base in the heart of the Silicon Valley, Sangfor Technologies continues the trend of Chinese companies "Going West."
Sangfor Technologies: A leader in the Chinese market
Sangfor is a leading global provider of networking solutions with product lines that include WAN optimization, next-generation firewall, VPN, and SSL VPN solutions. Since its founding in 2000, Sangfor has experienced a sustained average annual growth rate of 70 percent. This extraordinary progression has led to an annual revenue of exceeding $200 million in 2013. The company has built a global operation with 55 locations worldwide serving over 28,000 customers, including Canon, Toyota, Panasonic, Caterpillar, and Shell.
Success in Asia and Europe provides the strong financial and technological foundation for Sangfor to serve the U.S. and North American market. By breaking into this new market, Sangfor is on track to continue the sustained growth it has experienced throughout its history, while also staying at the forefront of the technology
Democratizing the network market in the United States
Sangfor is poised to change the way businesses in the United States think about networking technology by bringing the advanced technology only accessible by Fortune 500 companies to the midmarket. To accomplish this, the company utilizes its strong Chinese-based manufacturing capabilities while leveraging the benefits of its presence in the United States.
Sangfor is planning an R&D center in Silicon Valley, where new technologies are developed, tested, and applied in the epicenter of American innovation. In anticipating the future needs of its customers, the company invests 20 percent of its revenue in research and development. In addition to developing and applying top-tier American technologies, Sangfor utilizes its extensive Chinese manufacturing network to produce new products at affordable rates. Combining the best of both worlds, American innovation and Chinese manufacturing efficiencies, Sangfor is bringing network solutions to many companies that were unable to obtain them previously.
By giving midmarket companies access to top-of-the-line solutions, Sangfor is ready to democratize the network market in the U.S.
About Sangfor Technologies
Sangfor is a global provider of networking devices and services. Sangfor offers the latest networking technologies for midsize enterprises at an affordable cost. With 55 offices around the world, Sangfor has proudly helped more than 28,000 customers increase their network efficiency and productivity while reducing IT costs. Leveraging its success, Sangfor aims to make significant improvements in network technologies for midsize enterprises in the U.S. For more information, please visit http://www.sangfor.net.
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SOURCE Sangfor Technologies
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