Ornet Data Communication Technologies developed high-speed switches for local area networks (LAN) that were based on Ethernet technology. The company's LANbooster product line provided increased network capacity at the desktop and LAN backbone without requiring any changes or additions to the existing infrastructure.
Exit: Ornet was sold to German conglomerate Siemens (NYSE: SI) in November 1995. In April that year, Yossi Sela had been appointed acting CEO and he steered the company to its exit. One of Ornet's founders was Orna Berry, who served as a Venture Partner at Gemini from 2000-2010.