Breaking News -
Networking:
InfiniSwitch Corp And Lane15
Software Team Up
InfiniSwitch Corporation and Lane15 Software, Inc., announced the merger of
their companies. This merger unites the leader in InfiniBand switch products
for high-performance computing and enterprise datacenters with the leader in
management software for fabric computing. The company will operate under the
name InfiniSwitch. As part of the merger, InfiniSwitch announced the
completion of an additional round of venture financing. Current venture
investors include: Austin Ventures, Bessemer Ventures, Columbia Capital,
Convergent Ventures, Flagship Ventures, Index Ventures, Lightspeed Venture
Partners, Moore Capital Management, and TL Ventures. Strategic investors
include: Dell, HP-Compaq, Intel and Quanta Computer. Alisa Nessler, CEO and
president of Lane15, was named CEO of the company and joins the Board of
Directors. Rob Adams, of Austin Ventures, and Bernard Dallé, of Index
Ventures, were elected new members to the Board of Directors.
"InfiniSwitch's focus on fully integrated solutions for datacenter
infrastructure is a strong differentiator in an increasingly fragmented
market," said Bill Strecker, Managing Director of Flagship Ventures and former
CTO of Compaq. "With industry- endorsed technology, a growing list of
partnerships, and a solid balance sheet, the company is poised to turn the
promise of next-generation computing into reality."
"The synergies created by the merger are immediate and will continue to
grow
over time," Alisa Nessler stated. "Over the past two years the two companies
have worked closely to create winning solutions for mutual OEM customers. By
merging we will now leverage all of our assets to make this a one plus one
equals three equation."
"InfiniSwitch has accomplished a great deal over the past three years.
Today
the company is poised for success with new funding and a winning solution set
soon to be launched," said Don Zereski, former CEO of InfiniSwitch
Corporation. "It’s has been a privilege to lead this company to this point and
I am excited to see the company moving to the next stage of growth."
"Lane15 is the management software de facto standard for high speed fabric
networks," said Rob Adams, Partner at Austin Ventures. "This position of
strength combined with InfiniSwitch’s pre-eminent market position is a
powerful combination that goes straight to the core of what customers need, a
high speed, integrated fabric management solution from a single vendor."
Offices will be maintained in Westborough, MA and in Austin, TX.
About InfiniSwitch Corporation
InfiniSwitch Corporation is the recognized market leader in developing
InfiniBand switching solutions designed for the data center. InfiniSwitch’s
technology leaders have a proven industry track record designing, developing
and delivering switch and system solutions at leading companies such as
Compaq, Data General, Digital Equipment, IBM, Lucent and Nexabit. InfiniSwitch
is located in Westborough, Massachusetts, and is a member of the IBTA Steering
Committee.
Web site: www.infiniswitch.com
About Lane15
Lane15 Software is the leading provider of management software for fabric
computing, including the industry de facto standard fabric manager. Lane15
products provide the fabric management solution that all enterprise-computing
centers require to deliver greater centralized control and computing power on
demand. Lane15 is on the Steering Committee of the InfiniBand Trade
Association (IBTA), a member of the Data Access Transport (DAT) Collaborative,
The Open Group Interconnect Consortium. Among Lane15 customers are IBM
Corporation, Dell Inc., InfiniCon Systems, InfiniSwitch Corporation, Intel
Corporation, JNI Corporation, Agilent Technologies and Mellanox
Technologies.
Web site: www.lane15.com
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