Start-ups

McData announced separate agreements to acquire Nishan Systems and Sanera Systems, both start-ups targeting storage area networks (SANs). McDATA said that as a result of these acquisitions its expanded portfolio...

Alereon, a start-up based in Austin, Texas, unveiled plans to develop Ultra wideband (UWB) semiconductors for personal area networks. Alereon's first product, in development for commercial availability in late 2004,...

ICTV, a start-up offering a centralized platform for the delivery of interactive television services, announced the appointment of Mike McGrail as president and CEO. He replaces Wes Hoffman who is...

Xtera Communications, a start-up based in Allen, Texas, closed on $30 million of new financing for its Raman based DWDM system. The Xtera system designed to lower the cost of...

Mahi Networks, a start-up based in Petaluma, California, named Terry White as vice president of worldwide sales. White previously was VP of global sales for Turnstone Systems. Prior to Turnstone,...

SkyStream Networks, a start-up based in Sunnyvale, California secured additional private funding from key strategic investors to bring its total funding raised this year to $29 million. SkyStream's newest product...

Sun Microsystems agreed to acquire CenterRun, a start-up based in Redwood City, California that specializes in software that enables customers to rapidly provision, track and update their networked application services...

Silicon Graphics Inc. (SGI) will begin reselling optical networking equipment from TeraBurst Networks, a start-up based in Sunnyvale, California. The Teraburst gear will be used for connectivity between SGI Reality...

Seranoa Networks, a start-up based in Boxborough, Massachusetts, secured $9 million in additional funding for its IP edge concentrators, which aggregate incoming TDM access circuits onto Gigabit Ethernet trunks. Participants...

Expand Networks, a start-up based in Roseland, New Jersey with R&D in Israel, announced a $9.0 million round of financing for its WAN compression and acceleration appliances. The company claims...

LightSand, a start-up based in Milpitas, California, raised $7 million in new funding to support its high-end Fibre-Channel over SONET, DWDM or direct fiber gateway products. The new funds will...

Internet Photonics hired Kent Takeda as Vice President of its Telco Business Unit. Prior to Internet Photonics, Kent held senior management roles at Parama Networks and Kestrel Solutions. Before that,...

Celite Systems, a start-up based in Austin, Texas, raised $10 million in second round funding for its DSL headend. The Celite equipment could be used by facility-based copper access providers...