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The company failed and went bankrupt in 1999 because its PACX technology could not compete with LANs especially Ethernet. The PACX suited the needs of a mainframe computer environment and could not compete in a market with the widespread deployment of desktop and client/server computing.
Gandalf, as a company, could not manage the required technological change although it internally created and abandoned advanced and innovative technology for the emerging market. Instead it turned its hand to ISDN-based data products such as ISDN teleworker solutions, which predictably failed.
Some of the advanced technology was picked up and utilized for great profit by companies such as Newbridge Networks with no return to Gandalf shareholders.
Gandalf products were regarded as pricey and technologically stale. Management could not solve this problem and was more interested in propping up and inflating the share price with short term measures. These measures worked temporarily with the share price rising from the one dollar range to over twenty seven dollars. Eventually short term thinking caused the company to fail in the market place as no new profitable products were produced and the shares became worthless.
The assets of the bankrupt company were purchased by Mitel which used Gandalf data technolgy and employee expertise to move its PABX division into the VoIP market. Mitel tried to keep some Gandalf data products in the market for a short time. However because of very poor sales, it dropped support for these products and Gandalf faded from existence not with a bang but with a whimper.
The impressive new Gandalf headquarters building at 130 Colonnade road in Nepean, South of Ottawa, was taken over by Nortel. When the fortunes of Nortel took a bad turn the building came into the hands of the Government of Canada, which used it for Health Canada, and later for the Public Health Agency of CanadaThe Public Health Agency of Canada is a department of the Canadian government responsible for public health and, more specifically, emergency preparedness and response and infectious and chronic disease control and prevention. The head of the Public Healt, when it was born in 20042004 is a leap year starting on Thursday (the link is to a full 2004 calendar), and has also been designated the: International Year of Rice International Year to Commemorate the Struggle against Slavery and its Abolition Elections are to be held in 73 co.
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