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Cabletron was founded in 1983 in a Massachusetts garage by Craig Benson (who later became New Hampshire's governor) and Robert Levine. As manufacturing and design operations expanded, Cabletron relocated to Rochester, New Hampshire, employing 6,600 people at its peak. In 1996 the company eclipsed US$1 billion in sales.
The final chapter in Cabletron Systems Inc.'s (NYSE: CS) rocky history was closed today as the company completed its name change and the spinoff of metropolitan area switching company, Riverstone Networks Inc. (Nasdaq: RSTN).