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Article: Redux Communications and Lycium Networks to Merge.
- Article from:
- PR Newswire
- Article date:
- November 2, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TEL AVIV, Israel, November 2 /PRNewswire/ -- - Combined company announces top multi-service pseudo-wire solution for packet networks and secures follow-on funding from six leading VC funds
Redux Communications, a leading provider of Multi-Service-over-Packet pseudo-wire solutions, and Lycium Networks, the leader in high density PDH/SDH pseudo-wire technology, today announced the merger of the two companies.
"The merger creates a strong pure-play pseudo-wire technology and solutions leader," said Zeev Pritzker, CEO of Redux who will lead the combined company as CEO. "The complementary technologies of the two companies will enable Redux to deliver ...