The story
On February 13, 2006, Garnett & Helfrich Capital
established BLADE Network Technologies, Inc., as a privately held company from a spin-out of Nortel's Blade Server Switch Unit, focused on networking for the blade server market.
Vikram Mehta was president and CEO.
In 2008, the company introduced its RackSwitch line of top-of-rack 1-10 Gigabit Ethernet data center switches. IBM acquired BLADE in October 2010, renaming it to "IBM System Networking" in 2011.
Lenovo acquired IBM's server business, including System Networking, in 2014.
From Wikipedia’s article on Blade Network Technologies, shared under CC BY-SA 4.0.3