Grain Management, a leading private investment firm, has acquired LightRiver’s Technologies & Software entities from CVF Capital Partners and Plexus Capital. Financial terms were not disclosed.
“Grain’s focus on connectivity makes them an ideal partner. Their support positions LightRiver to build on our market and technology leadership while enhancing the commitment to our customers and partners, and enabling teammates in those key markets,” states Glenn Johansen, LightRiver Founder and CEO. “We look forward to leveraging Grain’s market, management, and financial strengths to grow our platform and expand our solution portfolio and customer base.”
“We’ve been deeply impressed by the strong technical capabilities and compelling offerings the LightRiver team brings to a fast-growing segment,” said Michael McKenzie, Managing Director at Grain. “We look forward to partnering with this deep and talented team to advance their services and software platform.”
What’s hot at OFC22? Lightriver on IPoDWDM
Hot trends at OFC22 include IPoDWDM, 400ZR, disaggregated networking, pluggable, next gen optical line systems, etc., says Travis Ewert, Chief Operating Officer, LightRiver Software.What’s not hot are all of the silos of disaggregated technology. LightRiver steps in with tools for bringing it all together. Lightriver supplies multi-vendor, Factory Built Networks and netFLEX vendor neutral, Optical Domain Control Software solutions. https://…